US ambassador laments slow progress on freezing Russian assets in Switzerland
US ambassador to Switzerland Scott Miller has urged Switzerland to step up efforts to implement sanctions against Russia and support Ukraine by allowing the re-export of Swiss-made war materiel.
This content was published on
2 minutes
Keystone-SDA/jdp
Italiano
it
L’ambasciatore statunitense lamenta la lentezza dei progressi nel congelamento dei beni russi in Svizzera
“Switzerland is in the most serious crisis since the Second World War. It is confronted with what neutrality means,” said Miller in an interviewExternal link in the Neue Zürcher Zeitung on Thursday. “We understand and respect it. But it is not a static construct. Switzerland can’t call itself neutral and allow one or both sides to exploit its laws to their own advantage.”
His comments come amid heated debate in Switzerland over demands from European countries to allow Swiss-made war materiel to be re-exported to Ukraine. Swiss laws on neutrality forbid the export of armaments to countries embroiled in civil war or in armed conflict with another state.
The Swiss government has thus far rejected demands to change the law. However, debates continue in parliament. Miller urged Switzerland to allow re-exports, arguing the ban “benefits the aggressor, who violates all principles of international law.”
Sanctions enforcement
Miller said that Switzerland could and should do more to enforce sanctions, including freezing Russian assets. The Swiss Secretariat for Economic Affairs (SECO) believes it is doing enough to implement sanctions but “I think we still have a lot of work to do”, Miller said. He expressed concern about some recent statements by SECO chief Helene Budliger that implied there were some doubts about the usefulness of sanctions.
A key area where Switzerland could do more concerns Russian assets. US authorities are aware of around CHF7.75 billion ($8.37 billion) in Russian assets held in Swiss banks that have been frozen. “Switzerland could block an additional CHF50-100 billion,” said Miller.
“Sanctions are only as strong as the political will behind them. We need to find as many assets as possible, freeze them and, if necessary, confiscate them in order to make them available to Ukraine for reconstruction,” he added.
He urged Switzerland to participate in the taskforce on Russian Elites, Proxies and Oligarchs of the Western countries. This would allow the country to be part of the discussion on how to recover these funds within the framework of international law.
Popular Stories
More
Multinational companies
Azeri fossil-fuel cash cow brings controversy to Switzerland
Beer sales in Switzerland watered down by bad weather
This content was published on
The past brewing year fell through in Switzerland, partly due to the bad weather. Beer sales shrank again. For the first time, per capita consumption fell below the 50 liter mark.
Compensation for Syrian after pregnant wife denied help on Swiss train
This content was published on
Switzerland’s Federal Court has partially upheld the appeal of a Syrian family being deported from Switzerland to Italy in 2014. The man now also receives compensation.
Swiss-EU negotiations: Cassis to meet Sefcovic in Bern
This content was published on
Swiss Foreign Minister Ignazio Cassis will meet the Vice-President of the EU Commission, Maros Sefcovic, in Bern on Wednesday.
Heavy snowfall in Switzerland causes traffic chaos and accidents
This content was published on
The heavy snowfall late on Thursday and during the night into Friday led to traffic chaos and many accidents in many regions of Switzerland.
Chimpanzee behaviours passed down through generations
This content was published on
Some of the complex behaviours of chimpanzees have been passed down and refined over generations. These include the combination of several tools for foraging.
More than 600,000 rounds of Swiss sniper ammunition reach Ukraine
This content was published on
Sniper ammunition from Swiss P Defence reached Ukraine via a Polish company in July 2023, reported SRF Investigativ on Thursday, citing official information.
Switzerland launches national digital inclusion alliance
This content was published on
The Swiss government launched the Swiss Digital Inclusion Alliance on Thursday with the goal of giving as many people as possible access to digital services.
Swiss President regrets reference to ‘warlike frenzy’ over Ukraine
This content was published on
Following a backlash about his remark about a “warlike frenzy” over Ukraine, Swiss President Alain Berset says he regrets his choice of words.
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.