Switzerland listed as ‘unfriendly’ country by Russia
In addition to Western sanctions, many big companies have temporarily shuttered operations or exited Russia over its invasion of Ukraine.
Keystone / Yuri Kochetkov
Russia has drawn up a list of around 50 countries, including Switzerland, that have committed “unfriendly actions” against Russia, its companies and citizens, in the wake of severe economic sanctions over the war in Ukraine, the Russian state media agency TASS reports.
This content was published on
1 minute
Reuters/Tass/Keystone-SDA/sb
Español
es
Suiza figura en la lista rusa de “países inamistosos”
Moscow published the list on Monday after being hit by Western financial sanctions.
All corporate deals with companies and individuals from the so-called “unfriendly countries” now have to be approved by a government commission, according to Reuters.
The list follows a presidential decree on March 5 allowing the Russian government, companies and citizens to temporarily pay foreign currency debtsowed to overseas creditors from “unfriendly countries” in roubles.This temporary arrangement for paying foreign debts reportedly applies to payments exceeding 10 million roubles per month ($78,000 or CHF72,000), Tass saidExternal link.
A Russian government list of countries included the United States, Canada, European Union member states, Britain, Japan, Canada, Norway, Singapore, South Korea, Switzerland and Ukraine, the Russian agency said.
The Swiss government has adopted a series of sanctionsagainst Russia in step with measures imposed by the EU. Numerous Swiss companies have also suspended their activities in Russia.
The Institute for International Finance (IIF) last week predicted a 15% contraction in Russia’s GDP in 2022 due to the sanctions.
More
More
Russia sanctions list: What the West imposed over the Ukraine invasion
This content was published on
The measures put in place by US, UK, EU, Switzerland, Canada and Japan so far against individuals and companies.
Swiss price watchdog slams excessive prices for generic medicines
This content was published on
The cheapest generic medicines available in Switzerland are more than twice as expensive as in other countries, according to a study by the Swiss price watchdog.
Nature should not figure in net zero calculations: academic study
This content was published on
The natural removal of CO2 from the atmosphere by forests or oceans should not be included in the net-zero balance of climate protection measures, argue researchers.
This content was published on
None of the 15 major Swiss retail banks is meeting international climate and biodiversity targets, according to a ranking by WWF Switzerland.
This content was published on
Nestlé's new CEO Laurent Freixe, has presented plans for the future of the world's largest food company, after his first few weeks in office.
Swiss foreign minister calls on Moscow to end Ukraine war
This content was published on
It's high time Moscow ended its war against Ukraine, Swiss foreign minister Ignazio Cassis tells the UN Security Council.
This content was published on
The only alternative to the UN Palestinian agency’s work in Gaza is to allow Israel to run services there, Philippe Lazzarini, UNRWA Commissioner-General, told reporters in Geneva on Monday.
Study reveals food culture differences between Switzerland and neighbours
This content was published on
Three-quarters of Swiss people consider eating to be a pleasurable, social activity, a new survey reveals. Healthy eating, however, plays a much less important role, it found.
Switzerland triggers wide range of sanctions against Russia
This content was published on
Switzerland hits Russia with sanctions, including a ban on many industrial exports and a wide range of financial activities.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.