Global Trade Alert
Global Trade Alert

Switzerland: Trade restrictions and financial sanctions against Belarus introduced

Announcement

16 Mar 2022

In March 2022, the Swiss Government announced financial sanctions and trade restrictions against Belarus due to its involvement in the Russian attack on Ukraine. 

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Number of interventions

5

5 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Apr 2022

Revocation date:

No revocation date

Updated: 16 Mar 2022
Controls on credit operations In force
<p>On 16 March 2022, the Swiss Federal Council adopted a total revision of the Ordinance "On measures against Belarus", prohibiting the&nbsp;provision of financial services and the...
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Implementation date

16 Mar 2022

Revocation date:

No revocation date

Updated: 16 Mar 2022
Controls on commercial transactions and investment instruments In force
<p>On 16 March 2022, the Swiss Federal Council adopted a total revision of the Ordinance "On measures against Belarus",&nbsp;restricting&nbsp;transactions with the National Ban...
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Updated: 16 Mar 2022
Controls on commercial transactions and investment instruments In force
<p>On 16 March 2022, the Swiss Federal Council adopted a new version of the Ordinance "On measures against Belarus", prohibiting&nbsp;specialised financial messaging services which...
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Updated: 16 Mar 2022
Import ban In force

On 16 March 2022, the Swiss Federal Council introduced an import ban on wood products, products made of rubber, iron and steel, and cement originating from Belarus by amending the Ordinance "O...

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Updated: 16 Mar 2022
Export ban In force

On 16 March 2022, the Swiss Federal Council introduced an export ban on dual-use items and defence and security technology to Belarus, by adopting a total revision of the O...

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