The Swiss government fully joins the fourth sanctions package against Russia, which was previously introduced by the European Union, the Cabinet of Ministers said in a statement..
Restrictions take effect on Friday at 23:00 local time.
The sanctions package refers to a ban on the export of goods and services for the Russian energy sector. In addition, a ban is introduced on goods made of iron and steel from Russia, as well as on the export of luxury goods to the Russian Federation..
Switzerland continues to impose against Russia the same measures that the European Union approves.
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Earlier it was also reported that trade relations between China and Russia worsened due to the war..