Switzerland Jumps on EU's Sanctions Bandwagon
Switzerland imposes restrictions on transactions relating to Russian airports and the port of Novorossiysk.
Swiss businesses are now barred from dealing with six Russian airports and five seaports, following Switzerland's adaptation to the latest round of EU sanctions. The State Secretariat for Economic Affairs (SECO) confirmed this move, amidst a flurry of reports.
The affected airports include Moscow's Vnukovo and Zhukovsky, along with regional hubs such as Perm and Pskov. The seaports on the list are those in Astrakhan, Makhachkala, Novorossiysk, Primorsk, and Ust-Luga.
Brussels had taken similar action earlier in February 2024. The rationale behind this was that these facilities allegedly served as a loophole, facilitating the transportation of military equipment despite the restrictions, thus prompting a ban on all business interaction with them for EU businesses.
Switzerland, a staunch advocate of neutrality, has historically adopted a similar stance on sanctions against Russia. The country often synchronizes its sanctions policies with those of the EU, emphasizing that its restrictions are not self-initiated but are rather in sync with the EU's course.
Known for its close economic and political ties with the EU, Switzerland typically aligns its sanctions with those imposed by the EU. If Switzerland were to impose restrictions similar to those of the EU, it would likely be in support of broader international efforts aimed at enforcing sanctions against Russia.
Stay in the loop with the latest developments by keeping an eye on official Swiss government statements or reports that detail their sanctions policies and their alignment with EU sanctions.
Platforms: VKontakte, OK.ru, Telegram, Viber, WhatsApp Hashtags: #Novorossiysk, #sanctions Source: Novokreщенnova Veronika
In light of the recent EU sanctions, Switzerland has barred its businesses from dealing with certain Russian airports and seaports, aligning its policies with the EU's general-news and politics stance. These airports and seaports, including Novorossiysk, have historically served as potential loopholes for the transportation of military equipment, in accordance with EU sanctions. Stay updated on the latest sanctions by monitoring official Swiss government statements or tracking updates via platforms like VKontakte, OK.ru, Telegram, Viber, or WhatsApp using the hashtags #Novorossiysk and #sanctions.
