Switzerland further expands sanctions against Russia as part of EU measures

The Swiss Federal Council decided to adopt most of the measures in the EU’s 14th package of sanctions against Russia targeting 61 companies on 16 October, Report informs.

“This decision further tightens export restrictions on goods intended to strengthen Russia's industrial sector and military and technological capabilities. In addition, the list of entities subject to tighter export restrictions will be extended by 61 entities. Around half of these entities are located in third countries and are linked to the Russian military complex,” the Federal Council said in a statement.