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Switzerland has joined EU sanctions against Russia and Belarus

Author:
Julia Sheredeha
Date:

Switzerland has joined the EU sanctions against Russia and Belarus.

The Federal Council has decided to impose a sixth package of EU sanctions, which includes an embargo on crude oil and some oil products from Russia. This embargo will gradually come into full force in early 2023 — after a series of transitional periods.

The sanctions also include disconnecting four banks from Russia and Belarus from SWIFT and expanding the list of goods banned from exporting from these countries.