On 28 February 2022, the Federal Council decided that Switzerland would adopt EU sanctions against Russia and Belarus, thus strengthening their effect. Switzerland also applied the EU's subsequent sanctions packages within a very short period of time.
The sanctions include targeted measures against over 1,450 individuals and 206 organisations (freezing of assets and travel bans), numerous measures in the financial sector, trade bans on certain goods, and a ban on providing certain services to the Russian government or Russian companies. In addition, Switzerland participates in the price caps on Russian crude oil and petroleum products. Switzerland ensures that sanctions contain exemptions so as not to hinder humanitarian activities.
Switzerland's adoption of EU sanctions does not alter its neutrality in any way. Switzerland continues to fully uphold its neutrality in the strict sense of the term, i.e. the law of neutrality. It does not favour any warring party militarily. However, the Federal Council used the leeway allowed by its neutrality policy in deciding to adopt the EU's sanctions against Russia, taking into account the fact that Russia's military aggression against Ukraine is a serious violation of the most fundamental norms of international law.
Full, effective implementation of the sanctions imposed is a priority for the Federal Council. Cooperation between Switzerland and its international partners functions smoothly in this area at the technical level, with those responsible in the Federal Administration exchanging information with sanctioning authorities from various countries on a daily basis. The exchange of information is possible under the Embargo Act and is actively practised by the Swiss authorities. Switzerland is determined to continue its good cooperation with partner countries in a constructive manner, based on shared values and objectives, and to intensify it where necessary.
Measures related to the situation in Ukraine (SECO) (fr)
Questions and answers on Switzerland's neutrality