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Global Trade Alert

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Switzerland: Adoption of further economic sanctions against Russia, including price caps for Russian crude oil and petroleum products above USD 45 or USD 100 per barrel

Description

On 15 February 2023, Swiss Federal Department of Economic Affairs (EAER) placed one Iranian company on the list of entities whose funds and economic resources will be frozen in Switzerland. The target...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

15 Feb 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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