By Natali Moss
New measures are primarily concerned with the ban on buying, importing or transporting gold and its products from Russia. The services related to these goods are also prohibited. The largest Russian Bank Sberbank has also frozen assets and banned the provision of funds, economic resources or technical services. However, due to the global food and energy crisis, Switzerland has made weakening sanctions.
In order to avoid failure in payment channels, the Federal Council has made two new exceptions to transactions related to agricultural products and oil supply to third countries. Within the EU service and coordination, he also made various technical and linguistic adjustments to the available measures. The Federal Council instructed the EAOR to amend the order in connection with the situation in Ukraine. These technical amendments will come into force later.
We will remind, the Ambassadors of the European Union approved the seventh package of sanctions against Russia. New restrictions have banned the import of gold and froze Sberbank's assets. Personal events also touched by actors Sergiy Bezrukov and Vladimir Mashkov, mayor of Moscow and Ukrainian collaborators. In addition, in early August, an embargo on coal imports from Russia was launched in the European Union.
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