Neutral Swiss take more EU sanctions against Russia by Reuters

© . FILE PHOTO: The Swiss parliament building (Bundeshaus) is pictured at a Federal Council meeting in Bern, Switzerland, March 12, 2021. REUTERS/Denis Balibouse/File photo ZURRICH () – Neutral Switzerland had passed more European Union sanctions against Russia for Ukraine has invaded, the cabinet said Friday, keeping the country in line with EU measures it has decided to embrace in a departure from its traditional neutrality. The decision means that the export of goods and related services for the Russian energy sector is now banned, the government said https://www.admin.ch/gov/en/start/documentation/media-releases.msg-id-87747 . html in a statement. “It is also prohibited to participate in companies operating in the energy sector and to provide loans or other financial resources to such companies,” it added. Under the measures, which will take effect at 2200 GMT, the importation of iron and steel goods from Russia or originating in Russia is prohibited, as well as the export of luxury and maritime goods to Russia. In the financial sector, transactions with certain state-owned companies and the provision of credit assessment services are prohibited. “This means that all measures of the EU’s fourth package of sanctions have been implemented,” the government said. It added that it had decided not to implement the March 1 EU measure blocking Russian media Sputnik and Russia Today. “Despite the fact that these channels are used to spread targeted propaganda and disinformation by the Russian Federation, the Federal Council believes that it is more effective to refute false and harmful statements with facts rather than prevent them from being broadcast.” , the report said. said. Disclaimer: Fusion Media would like to remind you that the data on this website is not necessarily real-time or accurate. All CFDs (Stocks, Indices, Futures) and Forex prices are not provided by exchanges but rather by market makers, and therefore prices may not be accurate and may differ from the actual market price meaning prices are indicative and not suitable for trading purposes . Therefore, Fusion Media does not bear any responsibility for any trading losses that you may incur as a result of using this data. Fusion Media or anyone associated with Fusion Media accepts no liability for any loss or damage resulting from reliance on any information, including data, quotes, charts and buy/sell signals on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.

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