Switzerland Implements Additional Sanctions on Russia and Belarus Following EU Measures
Switzerland has aligned itself with the European Union's latest sanctions targeting Russia and Belarus in response to the ongoing conflict in Ukraine. On December 23, the Swiss government announced the adoption of measures that include financial, travel, and maritime restrictions, targeting individuals, organizations, and vessels involved in activities supporting Russia's military operations.
The sanctions list comprises 54 individuals and 30 companies and organizations, whose assets will be frozen effective December 24. These individuals will also be barred from entering Switzerland. The move aligns with the EU’s strategy to increase pressure on Moscow and its allies for circumventing international restrictions and engaging in unlawful practices.
Additionally, Switzerland banned 52 ships from receiving services. These vessels, primarily tankers, are accused of circumventing price caps on Russian crude oil and petroleum products or transporting stolen grain from Ukraine and military goods for Russia. These activities are part of what Switzerland described as Russia's "shadow fleet," which undermines international sanctions and destabilizes trade norms.
Belarus has not been excluded from the crackdown, as Switzerland also imposed financial and travel restrictions on 26 individuals and two organizations from the country. These sanctions are designed to hold Belarus accountable for its support of Russian military actions, reflecting the EU’s broader efforts to penalize Moscow’s allies.
Switzerland, traditionally neutral in global conflicts, has taken a more active role in recent years by adopting EU sanctions in solidarity with international efforts to uphold Ukraine's sovereignty. This latest move underscores Switzerland’s commitment to contributing to international pressure on Russia and Belarus for their roles in the conflict.
The sanctions also emphasize Switzerland’s concerns about illicit trade and violations of international agreements. By targeting Russia’s shadow fleet and restricting services to vessels involved in military transport or illegal grain shipments, Switzerland aims to tighten enforcement of the sanctions regime and limit Russia's ability to finance its military operations.
These measures mark another step in the global response to the Russia-Ukraine conflict, demonstrating a unified effort to address the economic and geopolitical repercussions of the war. As Switzerland enforces these restrictions, the country underscores its alignment with EU policies and the broader international community in seeking accountability for Russia and Belarus.
Refrence From: www.ndtv.com