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Global Trade Alert

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Switzerland: Further sanctions in response to Russia’s war against Ukraine, including lowered price cap on Russian crude oil (August 2025)

Description

On 11 August 2025, the Swiss State Secretariat for Economic Affairs (SECO) issued Amendment Decree AS 2025/497, placing two entities based in Hong Kong on the list of entities whose funds and economic...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

12 Aug 2025

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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Affected Sectors

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Affected Products

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