Switzerland supports the 19th package of EU sanctions against Russia
13 December 09:22
Switzerland has joined the 19th package of sanctions imposed by the European Union against Russia for its invasion of Ukraine. The list of new restrictions, which will come into effect on Saturday, December 13, was published by the country’s Ministry of Economy, Education and Science, "Komersant Ukrainian" reports citing DW.
In particular, the assets of 22 individuals and 42 companies have been frozen. It is also forbidden to buy, sell and maintain 116 vessels, most of which are part of Russia’s “shadow fleet”. In addition, the Swiss authorities will tighten control over the exports of 45 companies located in third countries.
In addition, five Russian banks and their four branches in other countries are prohibited from conducting transactions with Swiss counterparties. This measure will affect another eight companies operating in third countries. This decision was justified by the fact that these companies “significantly undermine the purpose of the sanctions” – to prevent the supply of critical goods to the military-industrial complex of the Russian Federation.
The restrictions also affected Belarus
Switzerland has also taken into account the prohibitive measures imposed by the EU as part of the 19th package of sanctions against Belarus. In particular, the assets of two individuals and three companies were frozen. These citizens, as well as the Russian citizens included in the sanctions list, are also prohibited not only from entering Switzerland but also from transiting through its territory.
the 19th package of EU sanctions against Russia
on October 23, 2025, the European Union adopted the 19th package of sanctions against Russia over the continuation of the war in Ukraine. In particular, it provides for a phased ban on liquefied natural gas supplies from Russia. It is expected that short-term contracts will cease to be valid in six months, and long-term contracts – from January 1, 2027.
The sanctions lists also include companies from Hong Kong, China, India, and Thailand, and personal restrictions have been imposed on the head of the Belneftekhim concern, Ilya Ikan, and the CEO of the Horizon holding, Yury Predko (both from Belarus), as well as on the rector of Moscow University and deputy head of the Russian Security Council, Oleg Osipov.
