Global Trade Alert
Global Trade Alert

Switzerland: Further trade restrictions on Russia and Belarus

Announcement

27 Apr 2022

In April 2022, the Swiss Federal Council adopted further trade restrictions on Russia and Belarus due to the invasion of Ukraine. 

Source

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Apr 2022

Revocation date:

No revocation date

Announced: 27 Apr 2022
Controls on commercial transactions and investment instruments In force
On 27 April 2022, the Swiss Federal Council prohibited taking crypto-based assets from Russian nationals or natural or legal persons residing in Russia by amending the Ordinance "On measures related t...
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Announced: 27 Apr 2022
Control on personal transactions In force
On 27 April 2022, the Swiss Federal Council prohibited the registration of trusts in Switzerland for Russian nationals or natural or legal persons resident in Russia by amending the Ordinance "On meas...
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Announced: 27 Apr 2022
Controls on credit operations In force
On 27 April 2022, the Swiss Federal Council amended the ordinance "On measures against Belarus" from 16 March 2022, expanding the prohibition of the sale of securities to all securities denominated in...
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Announced: 27 Apr 2022
Controls on commercial transactions and investment instruments In force
On 27 April 2022, the Swiss Federal Council amended the ordinance "On measures against Belarus" from 16 March 2022, expanding the prohibition of supplying and exporting banknotes denominated in any of...
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Announced: 27 Apr 2022
Import ban In force
On 27 April 2022, the Swiss Federal Council announced an import ban of coal and other solid fuels from Russia by introducing a revision of the "Ordinance on measures related to the situation in Ukrain...
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Announced: 27 Apr 2022
Export ban In force
On 27 April 2022, the Swiss Federal Council announced an export ban of jet fuel, robots and chemical products and others to Russia by introducing a revision of the "Ordinance on measures related to th...
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