Announcement
23 Nov 2022
In November 2022, the Swiss Government adopted additional trade sanctions against Russia in the context of Russia's invasion of Ukraine. The measures include the introduction of a legal basis for a price cap mechanism for Russian crude oil and petroleum products.
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Number of interventions
4
3 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
30 Sep 2023
Revocation date:
No revocation date
Updated: 23 Nov 2022
Import-related non-tariff measure, nes
In force
On 23 November 2022, the Swiss Government prohibited the import of iron and steel products that, even if processed in a different country, incorporate these inputs from Russia. The measure enters into...
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Implementation date
23 Nov 2022
Revocation date:
No revocation date
Updated: 23 Nov 2022
Import ban
In force
On 23 November 2022, the Swiss Government extended the lists of products originating from Russia subject to import bans. The measure enters into force the same day.
In particular, the measure:
Adds ...
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Updated: 23 Nov 2022
Export ban
In force
On 23 November 2022, the Swiss Government extended the list of products subject to export bans to Russia and prohibited the export of several services to Russia. The measure enters into force the same...
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Implementation date
No implementation date
Revocation date:
No revocation date
Updated: 23 Nov 2022
Export-related non-tariff measure, nes
On 23 November 2022, the Swiss Government adopted a new legal basis for the introduction of oil price caps for Russian crude oil and petroleum products (classified under HS headings 2710 and 2709) in ...
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Related State Acts
15 Feb 2023
Switzerland: Adoption of further economic sanctions against Russia, including price caps for Russian crude oil and petroleum products above USD 45 or USD 100 per barrel
07 Dec 2022
Switzerland: Provision of financial and transport services related to Russian oil above USD 60 per barrel prohibited and 2 Iranian military drone manufacturers added to the frozen fund list
12 Oct 2022
Switzerland: Extension of trade restrictions to Kherson and Zaporizhzhia regions and inclusion of new Russian entities to sanctions list
06 Oct 2022
EU: Adoption of a price cap mechanism for Russian crude oil and petroleum products, as well as additional trade sanctions
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