Announcement
25 Mar 2022
In March 2022, the Swiss government introduced new sanctions towards Russia following the attack on Ukraine. The sanctions include an export ban on luxury goods and energy sector equipment, an import ban on steel and iron products, and several financial sanctions.
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Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
25 Mar 2022
Revocation date:
No revocation date
Updated: 25 Mar 2022
Controls on commercial transactions and investment instruments
In force
On 25 March 2022, the Swiss Federal Council prohibited any transactions with a list of twelve state-owned enterprises in Russia by amending the Ordinance "On measures related to the situa...
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Updated: 25 Mar 2022
Controls on commercial transactions and investment instruments
In force
On 25 March 2022, the Swiss Federal Council prohibited any acquisition of new shares or participation or the expansion of existing participation of companies or the establi...
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Updated: 25 Mar 2022
Controls on credit operations
In force
On 25 March 2022, the Swiss Federal Council prohibited any financial services establishing new loans, credit, capital injection, or other financing services to entities in Russia operatin...
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Updated: 25 Mar 2022
Import ban
In force
On 25 March 2022, the Swiss Federal Council introduced an import ban on iron and steel products originating from Russia by amending the Ordinance "On measures related to the situation in Ukraine" o...
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Updated: 25 Mar 2022
Export ban
In force
On 25 March 2022, the Swiss Federal Council introduced the export ban on luxury products, products for the energy sectors, and maritime navigation goods and technology. This measure was introd...
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Related State Acts
29 Jun 2022
Switzerland: Introduction of June 2022 trade restrictions and financial sanctions towards Russia
27 Apr 2022
Switzerland: Further trade restrictions on Russia and Belarus
13 Apr 2022
Switzerland: Financial sanctions introduced for a further 18 Russian banks and companies
16 Mar 2022
Switzerland: Trade restrictions and financial sanctions against Belarus introduced
15 Mar 2022
EU: Further trade restrictions with Russia on steel and iron products, luxury goods and other financial sanctions
15 Mar 2022
Switzerland: Nine Russian companies added to the asset freeze and financial sanctions list
09 Mar 2022
EU: Export ban on certain maritime technologies to Russia
04 Mar 2022
Switzerland: Export bans against Russia in the field of aviation, space and oil refinery and dual-use goods introduced
28 Feb 2022
Switzerland: Introduction of sanctions against separatist regions Donetsk and Luhansk in Ukraine and against Russia
25 Feb 2022
Switzerland: Three Russian banks and a tech company put on sanctions list resulting in asset freezes
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