Switzerland Imposes New Sanctions Against Russia

Switzerland has frozen over 9 billion dollars in Russian assets as part of new sanctions. This was reported by the Swiss publication Neue Zuercher Zeitung.

Today, Switzerland has also introduced new sanctions against the Russian Federation. These include a ban on the import of coal, wood products, cement, seafood, and caviar.

Additionally, it is no longer possible to register fiduciary funds for Russian citizens or residents in Switzerland.