Swiss cracking down on attempts to evade Russian sanctions


  • World
  • Wednesday, 21 Feb 2024

FILE PHOTO: The Swiss flag is seen on the Swiss Parliament house (Bundeshaus) in Bern, Switzerland, June 15, 2023. REUTERS/Denis Balibouse/File Photo

ZURICH (Reuters) - Switzerland is increasing its efforts to crack down on companies and individuals who are using the neutral country to circumvent sanctions imposed on Russia.

The State Secretariat for Economic Affairs (SECO) has set up a specialist team to investigate and enforce sanctions which Bern imposed following Moscow's invasion of Ukraine two years ago.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Venezuela requests UN Security Council meet over ‘ongoing US aggression’
Brazil Senate approves bill to cut Bolsonaro's 27-year sentence for coup plot
Funeral for youngest Bondi Beach shooting victim, Matilda, to be held on Thursday
California regulator finds Tesla misled consumers on driver-assistance technology
Roundup: Warner Bros. Discovery recommends shareholders reject Paramount Skydance's tender offer
U.S. stocks close lower
New strain drives early, intense flu season in Europe: WHO
1st LD Writethru: Warner Bros. Discovery recommends shareholders reject Paramount Skydance's tender offer
Russia's paper book sales to rise by over 10 pct in 2025
Crude futures settle higher

Others Also Read