Announcement
20 Dec 2022
In December 2022, the government of Switzerland added 29 Russian companies as well as 4 Iranian military drone and weaponry manufacturers to its frozen fund list in the context of the Russian invasion of Ukraine.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Dec 2022
Revocation date:
No revocation date
Announced: 20 Dec 2022
Controls on commercial transactions and investment instruments
In force
On 20 December 2022, the Swiss Federal Department of Economic Affairs (EAER) placed 29 additional Russian companies on the list of entities whose funds and economic resources will be frozen in Switzer...
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Announced: 20 Dec 2022
Controls on commercial transactions and investment instruments
In force
On 20 December 2022, the Swiss Federal Department of Economic Affairs (EAER) placed 4 additional Iranian companies on the list of entities whose funds and economic resources will be frozen in Switzerl...
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Related State Acts
Announced: 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
Announced: 25 Jan 2023
Switzerland: Adoption of further economic sanctions against Russia, including extended export bans and an investment prohibition on Russian mining projects
Announced: 16 Dec 2022
EU: Inclusion of 29 new Russian companies in the frozen fund list
Announced: 12 Dec 2022
EU: New Iranian military drone and weaponry manufacturers included on the frozen fund list
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