Global Trade Alert
Global Trade Alert

Switzerland: Adoption of further economic sanctions against Russia, including extended export bans and an investment prohibition on Russian mining projects

Announcement

25 Jan 2023

In January 2023, the Swiss Government adopted additional sanctions against Russia in the context of its invasion of Ukraine. The measures include extended export bans, an investment prohibition on Russian mining projects, as well as derogations to the petroleum import ban of June 2022.

Source

Sign in to access

Number of interventions

6

5 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

25 Jan 2023

Revocation date:

No revocation date

Announced: 25 Jan 2023
Import ban In force
On 25 January 2023, the Swiss Government introduced a new derogation applicable to the import ban on Russian petroleum products introduced in June 2022 (see related state act). The amendment to the Or...
Sign in to see more

Implementation date

25 Jan 2023

Revocation date:

No revocation date

Announced: 25 Jan 2023
Export ban In force
On 25 January 2023, the Swiss Government established new services export bans and extended the lists of goods subject to export bans to Russia. The measure enters into force on the same day of its pub...
Sign in to see more
Announced: 25 Jan 2023
Controls on commercial transactions and investment instruments In force
On 25 January 2023, the Swiss Government added the Russian Regional Development Bank to the list of entities whose funds and economic resources will be frozen in Switzerland. The amendment enters into...
Sign in to see more
Announced: 25 Jan 2023
Controls on commercial transactions and investment instruments In force
On 25 January 2023, the Swiss Government prohibited Swiss operators from acquiring any new or extending any existing participation and providing equity to any entity operating in the Russian mining se...
Sign in to see more
Announced: 25 Jan 2023
FDI: Treatment and operations, nes In force
On 25 January 2023, the Swiss Government prohibited Swiss investors from establishing joint ventures with any entity in the Russian mining sector by amending the Ordinance "On measures related to the ...
Sign in to see more
Announced: 25 Jan 2023
Export ban In force
On 25 January 2023, the Swiss Government added 168 Russian entities to the list of entities to which EU operators are prohibited to export dual-use technologies. Specifically, the entities were added ...
Sign in to see more

Threads

See all

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions

Harmful Trade Policy Interventions: Iron & Steel

This Thread tracks harmful trade policy interventions affecting iron and steel products since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to iron and steel, including fabricated metal products.

Published: 09 Jan 2025

5925

interventions

126

jurisdictions

Harmful Trade Policy Interventions: Aluminium

This Thread tracks harmful trade policy interventions affecting aluminium since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to aluminium, either as ore, slag or in its oxide form.

Published: 09 Jan 2025

1952

interventions

110

jurisdictions

Harmful Trade Policy Interventions: Batteries

This Thread tracks harmful trade policy interventions affecting batteries since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to cells and batteries, electric accumulators or generators.

Published: 09 Jan 2025

2107

interventions

96

jurisdictions

Harmful Trade Policy Interventions: Medical Goods

This Thread tracks harmful trade policy interventions affecting HS codes for medical consumables, equipment, medicines, vaccines, as well as chemicals used in pharmaceutical production. It covers all types of interventions monitored by Global Trade Alert since 2009. To identify relevant policy actions, the Global Trade Alert team focused on the identification of relevant HS codes following the pr...

Published: 09 Jan 2025

7346

interventions

152

jurisdictions

Export Restrictions: Medical Goods

This Thread tracks export restrictions affecting HS codes for medical consumables, equipment, medicines, vaccines, as well as chemicals used in pharmaceutical production. It covers policy actions monitored by Global Trade Alert since 2009. To identify relevant policy actions, the Global Trade Alert team focused on the identification of relevant intervention types and HS codes. For intervention ty...

Published: 09 Jan 2025

657

interventions

98

jurisdictions

Economic Sanctions Related to the Russian Invasion of Ukraine

This Thread outlines restrictions on trade, financial transactions, and economic activities imposed on commercial entities by any jurisdiction, provided these measures are directly related to the Russian invasion of Ukraine. Additionally, the Thread includes sanctions against non-Russian commercial entities from other jurisdictions if these measures were adopted on the grounds of their involvem...

Published: 09 Jan 2025

1455

interventions

41

jurisdictions

Import and Export Restrictions: Critical Minerals

This Thread tracks global import and export restrictions affecting critical minerals. It covers policy interventions affecting these measures since 2009. Relevant interventions are identified based on intervention type and specific HS codes. Note that the GTA focuses on a compilation list of all the critical minerals mentioned in different national lists to identify relevant HS codes.

Published: 31 Jan 2025

1442

interventions

124

jurisdictions

Export Controls on Semiconductors

This Thread tracks the export restrictions affecting semiconductors, including integrated circuits and chips. Focusing solely on interventions classified as export restrictions by Global Trade Alert, it covers policy interventions adopted since 2017. Note that to identify relevant policy actions, the Global Trade Alert team focused on the identification of relevant HS and CPC codes.

Published: 18 Jan 2025

80

interventions

35

jurisdictions

Export Controls on the Semiconductor Supply Chain

This Thread tracks the export restrictions affecting the semiconductor supply chain, including related materials, components, machinery, software, and specialised services. Focusing solely on interventions classified as export restrictions by Global Trade Alert, it covers policy interventions adopted since 2017. Note that to identify relevant policy actions, the Global Trade Alert team focused on...

Published: 18 Jan 2025

105

interventions

37

jurisdictions

Foreign Direct Investment: Restrictions and Regulations

This Thread documents policy interventions affecting foreign direct investments (FDI) since 2017. Specifically, it encompasses screening mechanisms, foreign ownership limitations and other policies affecting international investors’ operations.

Published: 31 Jan 2025

939

interventions

87

jurisdictions

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14450

interventions

186

jurisdictions