The Swiss goverment wants to strengthen sanctions against Russia and control over the implementation of restrictive measures against the Russian Federation. The relevant report is published on the official website of the Swiss Government.
“The Federal Council is also considering other possibilities to strengthen the existing sanctions regime, for example, by tightening the criminal provisions in the law on the application of sanctions based on the law on property control or the law on military property,” the Goverment said.
On 21 December, 2023 the Federal Department of Economic Affairs, Education and Research (EAER) further expanded its sanctions listings against Russia. This brought Switzerland in line with the additional sanctions listings decided by the EU.
As part of a 12th package of sanctions adopted on 18 December, the EU imposed new measures against Russia. In turn, on 21 December the EAER imposed sanctions within its jurisdiction on a further 61 individuals and 86 entities.
Among the newly sanctioned individuals were members of the Belarusian armed forces, leaders of companies supporting Russia’s military and industrial capabilities, and members of the Central Election Commission of the Russian Federation.
