Switzerland Joins the EU in Expanding Sanctions Against Russia to Support Ukraine
Switzerland is intensifying pressure on Russia by joining the EU's 13th package of sanctions and imposing restrictions on new individuals and companies, as well as expanding trade bans
Switzerland has decided to join the latest round of economic and trade restrictions imposed by the European Union against Russia, responding in this way to the ongoing military aggression against Ukraine.
This decision, taken by the relevant ministry of the country, involves the introduction of measures that align Swiss policy with the EU's 13th sanctions package. As a result, Switzerland has significantly increased the number of individuals and organizations subject to these restrictions, adding more than a hundred physical and almost 90 legal entities, as reported on the website of the Federal Council of Switzerland.
One of the key goals of these sanctions is to limit Russia's access to crucial goods and technologies that can be used for military purposes, including the production of unmanned aerial vehicles.
For this purpose, Switzerland has banned the export to Russia of a number of critically important components, such as electronic transformers, static converters, and inductors, as well as aluminum capacitors, which can be used in military technology.
The introduction of sanctions is also accompanied by an expansion of the import-export control area, now affecting companies from China, India, Serbia, and other countries, indicating a desire to limit Russia's ability to circumvent sanctions through third countries.
Including the United Kingdom among the partners supporting these measures further strengthens the international front against Russian aggression, expanding the geography of sanction pressure.