Global Trade Alert
Global Trade Alert

Switzerland: Introduction of sanctions against separatist regions Donetsk and Luhansk in Ukraine and against Russia

Announcement

28 Feb 2022

In February 2022, Switzerland has announced the adoption of several sanctions in response to Russia's recognition of Donetsk and Luhansk and the subsequent Russian attack on Ukraine. 

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

6 in force

Implementation date

01 Mar 2022

Revocation date:

No revocation date

Instrument unclear In force

On 28 February 2022, the Swiss Federal Council adopted the closure of the Swiss airspace for commercial carriers from Russia in response to the Russian attack on Ukraine. Accordingly, from 1 March 202...

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Implementation date

28 Feb 2022

Revocation date:

No revocation date

Import ban In force

On 28 February 2022, the Swiss Federal Council introduced a blank import ban for goods originating from Donetsk and Luhansk in response to the Russian attack on Ukraine by amending the Ordinance of 27...

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Export ban In force

On 28 February 2022, the Swiss Federal Council introduced a ban for the export of certain goods to Donetsk and Luhansk in response to the Russian attack on Ukraine, by amending the Ordinance of 27 Aug...

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Controls on commercial transactions and investment instruments In force

On 28 February 2022, the Swiss Federal Council amended the Ordinance of 27 August 2014 "On measures in connection with the situation in Ukraine" in response to the Russian attack on Ukraine and introd...

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Controls on credit operations In force

On 28 February 2022, the Swiss Federal Council amended the Ordinance of 27 August 2014 "On measures in connection with the situation in Ukraine and introduced a ban on providing financial services", p...

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Controls on commercial transactions and investment instruments In force

On 28 February 2022, the Swiss Federal Council amended the Ordinance of 27 August 2014 "On measures in connection with the situation in Ukraine" by introducing a ban on providing financial services to...

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