Switzerland on Friday broadened its sanctions against Russia and Belarus, aligning with parts of the European Union’s latest measures imposed over Moscow’s war in Ukraine.
The Swiss Federal Department of Economic Affairs said the updated sanctions list will take effect at 11 p.m. local time on May 22.
Under the new measures, 115 additional individuals and entities will face asset freezes and restrictions on access to funds. Those sanctioned will also be banned from entering or transiting through Switzerland.
Swiss authorities said the latest targets include figures and organizations tied to Russia’s military-industrial and energy sectors, as well as individuals accused of involvement in the deportation and political indoctrination of Ukrainian children.
The measures also tighten trade restrictions. Switzerland added 60 more companies — including firms based in third countries — to export control lists designed to prevent critical goods and technologies from reaching Russia’s defense industry.
The move mirrors the EU’s continuing effort to increase economic pressure on Moscow more than two years after Russia launched its full-scale invasion of Ukraine. Photo by Mike Lehmann, Mike Switzerland, Wikimedia commons.