On 23 November 2022, Switzerland’s Federal Council adopted the latest round of EU sanctions against Russia. Effective from 23 November 2022, the Federal Council will adopted the remaining measures set out in the eighth sanctions package. In addition to adopting the measures set out in the EU’s eighth package of sanctions, the Federal Council explicitly included an arms embargo against Russia, which for reasons of Swiss neutrality will also be partially extended to Ukraine. In August, the Federal Council said that Switzerland was determined to contribute to combating the global food and energy crises. With this in mind that the Federal Council decided to amend the ordinance to allow the purchase of certain fertilisers, provided they are destined for use beyond Switzerland.

Source: Le News November 25, 2022 05:36 UTC