Russia Is Moving Troops Into Ukraine From Georgia As Reinforcements Senior Us Defense Official Says

“The decision of the Federal Council on March 25 means that Switzerland remains in line with the measures imposed by the EU on March 9 and 15 in response to the ongoing Russian invasion of Ukraine. “On March 16, Switzerland had already approved the expanded list of persons and entities subject to financial sanctions imposed by the EU,” the council said in a statement. Switzerland has imposed bans related to the energy and financial sectors, as well as the trading of luxury goods, iron and steel, the statement said. “Exports of goods and related services to the Russian energy sector are now prohibited. Also, the participation in companies that are active in the energy sector and the provision of loans or other financial resources to such companies is prohibited “, it is mentioned in the announcement. “There is a ban on the import of iron and steel products from Russia or originating in Russia, as well as a ban on the export of luxury goods and maritime goods to Russia. “In the financial sector, transactions with certain state-owned companies and the provision of credit rating services are prohibited.” However, the Federal Council noted that it had decided to allow “certain exemptions from financial sanctions for humanitarian purposes”, saying it would “facilitate” business relations “necessary for the work of humanitarian organizations”. The council also said it had decided not to implement an EU measure to suspend the broadcasting of content by certain Russian media outlets, namely Sputnik and Russia Today. “Despite the fact that these means are used to spread targeted propaganda and misinformation by the Russian Federation, the Federal Council is of the opinion that it is more effective to refute untrue and harmful statements with facts than to prevent their transmission.” said the council. Switzerland first broke its tradition of neutrality in early March.

title: “Russia Is Moving Troops Into Ukraine From Georgia As Reinforcements Senior Us Defense Official Says " ShowToc: true date: “2022-12-15” author: “Amanda King”

“The decision of the Federal Council on March 25 means that Switzerland remains in line with the measures imposed by the EU on March 9 and 15 in response to the ongoing Russian invasion of Ukraine. “On March 16, Switzerland had already approved the expanded list of persons and entities subject to financial sanctions imposed by the EU,” the council said in a statement. Switzerland has imposed bans related to the energy and financial sectors, as well as the trading of luxury goods, iron and steel, the statement said. “Exports of goods and related services to the Russian energy sector are now prohibited. Also, the participation in companies that are active in the energy sector and the provision of loans or other financial resources to such companies is prohibited “, it is mentioned in the announcement. “There is a ban on the import of iron and steel products from Russia or originating in Russia, as well as a ban on the export of luxury goods and maritime goods to Russia. “In the financial sector, transactions with certain state-owned companies and the provision of credit rating services are prohibited.” However, the Federal Council noted that it had decided to allow “certain exemptions from financial sanctions for humanitarian purposes”, saying it would “facilitate” business relations “necessary for the work of humanitarian organizations”. The council also said it had decided not to implement an EU measure to suspend the broadcasting of content by certain Russian media outlets, namely Sputnik and Russia Today. “Despite the fact that these means are used to spread targeted propaganda and misinformation by the Russian Federation, the Federal Council is of the opinion that it is more effective to refute untrue and harmful statements with facts than to prevent their transmission.” said the council. Switzerland first broke its tradition of neutrality in early March.