Switzerland has joined the sixth package of EU sanctions against Russia and Belarus, which includes an embargo on Russian oil. In addition, another 100 individuals and legal entities were included in the sanctions list of Switzerland.. The Swiss government announced.

“The Federal Council decided to introduce new EU sanctions against Russia and Belarus. Relevant regulations are being adapted. In addition, the Federal Department of Economics, Education and Research (EAER) has imposed financial sanctions and travel restrictions against about 100 more people..

The sixth package of EU sanctions includes an embargo on crude oil and some oil products from Russia. The provision of audit and business advisory services to the Russian Federation is prohibited in the financial sector. In addition, the EU prohibits companies from advertising in content created or broadcast by certain Russian media such as Russia Today or Sputnik..

On June 10, the Swiss Federal Council decided to introduce these measures and instructed EAER to adapt the Decree on measures in connection with the situation in Ukraine. In addition, Switzerland is studying in detail the consequences of the imposition of an oil embargo..

Within its competence, EAER has also approved sanctions against more than 100 Russian and Belarusian individuals and legal entities.. Among them are military personnel responsible for the atrocities committed in Bucha, persons working in the field of politics and disinformation / propaganda, as well as some oligarchs, in particular Alexander Melnichenko, and their families..

Thus, the Swiss list of persons subject to sanctions is identical to the EU list.. In addition, the exclusion of four new Russian and Belarusian banks, including Russia's largest bank Sberbank, from the SWIFT system was approved..

Switzerland has expanded the list of goods prohibited for export that can help the military-technical strengthening of the Russian Federation or the development of its defense and security sector, as well as the list of economically important goods prohibited for import. These changes will take effect on 18. 00 June 10, 2022.

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EU approves sixth package of sanctions against Russia.

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