Global Trade Alert
Global Trade Alert

Switzerland: Inclusion of Iranian military drone manufacturer on the frozen fund list

Announcement

31 Oct 2022

On 31 October 2022, the government of Switzerland added an Iranian military drone manufacturer to its frozen fund list in the context of the Russian invasion of Ukraine.

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Nov 2022

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 31 October 2022, the Swiss Federal Department of Economic Affairs (EAER) placed an Iranian military drone manufacturer on the list of entities whose funds and economic resources will be frozen in S...

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