Switzerland's Stand: Excluding Swiss Subsidiaries from Russian Sanctions
Swiss authorities, long known for their financial and diplomatic neutrality, are facing criticism for their recent decision to exclude certain provisions from the European Union’s (EU) latest sanctions against Russia.
US laments ‘disappointing’ Swiss decision not to fully adopt latest EU sanctions against Russia
The United States says it is disappointed with a decision by the Swiss government not to adopt all measures in the latest round of European Union sanctions against Russia over its war in Ukraine.
Switzerland Won’t Implement the EU’s Russia Sanctions on Subsidiaries
Switzerland has decided not to fully implement the latest package of European Union sanctions against Russia, saying Swiss law already allows measures to prosecute subsidiaries of companies based in the country.
Switzerland fully joins 14th package of EU sanctions against Russia
On Wednesday, 16 October, the Swiss Federal Council approved the remaining measures from the 14th package of European Union sanctions against Russia, which were introduced in June. Source: the Swiss government,
US Expresses Disappointment Over Switzerland's Partial Adoption of EU Sanctions Against Russia
The US expresses disappointment as Switzerland opts not to fully adopt EU sanctions against Russia, highlighting concerns over sanctions circumvention.
Swiss Defend Decision Not to Adopt Latest Russia Sanctions in Full
Switzerland on Friday said it was "unequivocally" committed to sanctions against Russia after Bern decided not to adopt in full the latest package of restrictions imposed by the European Union. The Swiss government this week said it would opt out of a requirement that targets subsidiaries of companies operating in third countries,
Switzerland defends decision to omit subsidiaries from Russian sanctions
Switzerland is "unequivocally committed" to sanctions against Moscow, the government said on Friday, after it decided not to adopt in full a package of European Union measures, a decision the U.S. ambassador said was disappointing.
US Worried Swiss Leaving Loophole In Russia Sanctions
The US ambassador to Switzerland criticised the Alpine country's latest sanctions on Russia, saying he was disappointed by a "loophole" which could see them circumvented, newspapers reported Friday.
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