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.
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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
Updated: 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 amendm...
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Implementation date
25 Jan 2023
Revocation date:
No revocation date
Updated: 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 ...
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Updated: 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 i...
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Updated: 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 m...
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Updated: 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 t...
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Updated: 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 entitie...
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Related State Acts
20 Dec 2022
Switzerland: Inclusion of 29 Russian companies as well as 4 Iranian military drone and weaponry manufacturers on the frozen fund list
16 Dec 2022
EU: New sanctions package includes extended export and import bans, an investment prohibition on Russian mining projects, and other economic sanctions
29 Jun 2022
Switzerland: Introduction of June 2022 trade restrictions and financial sanctions towards Russia
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