ZURICH (Reuters) – Switzerland has adopted the latest European Union sanctions package against Russia and Belarus, the government said on Monday. A week ago, the EU launched a crackdown targeting Moscow ships and Chinese entities found to be trading with the Russian military.
As of December 24, the Swiss government had named 54 individuals and 30 companies and organizations, frozen their assets, and banned 52 ships from providing services.
“These tankers are mainly part of Russia’s shadow fleet, designed to circumvent price caps on Russian crude oil and petroleum products, or transport military supplies for Russia or food stolen from Ukraine,” the Swiss statement said.
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Sanctioned individuals will be prohibited from entering Switzerland.
In line with EU policy, Switzerland has also imposed financial and travel sanctions on 26 individuals and two organizations in Belarus.
(Reporting by Ariana Lucey; Editing by Miranda Mowry)
