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Switzerland Expands Sanctions Against Russia and Belarus in Response to EU Measures
Swiss Widen Sanctions Against Russia, Belarus in Line With EU Measures
Usnews
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On May 22, 2026, Switzerland broadened its sanctions against Russia and Belarus, aligning with the European Union's latest measures in response to the ongoing war in Ukraine. The new sanctions include asset freezes and travel bans for 115 individuals and entities linked to Russia's military and energy sectors, alongside tighter export controls on 60 companies.
- 01The sanctions will take effect at 11 p.m. local time on May 22, 2026.
- 02The 115 newly sanctioned individuals and entities are connected to Russia's military-industrial complex and energy sector.
- 03Sanctioned individuals will face asset freezes and will be prohibited from entering or transiting through Switzerland.
- 04The sanctions also target those involved in the deportation and indoctrination of Ukrainian children.
- 05An additional 60 companies will encounter stricter export controls to prevent critical goods from reaching Russia's military industry.
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Switzerland announced on May 22, 2026, that it has expanded its sanctions against Russia and Belarus, mirroring the European Union's recent measures in response to the ongoing conflict in Ukraine. The Federal Department of Economic Affairs confirmed that the new sanctions will come into effect at 11 p.m. local time on the same day. The latest round of sanctions includes 115 individuals and entities who will face asset freezes and restrictions on their ability to access funds. These sanctions specifically target individuals associated with Russia's military-industrial complex and energy sector, as well as those involved in the deportation and indoctrination of Ukrainian children. Furthermore, 60 additional companies, including some located in third countries, will be subjected to stricter export controls aimed at preventing the supply of critical goods to Russia's military industry. This move underscores Switzerland's commitment to supporting international efforts to hold accountable those involved in the war in Ukraine.
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The sanctions may affect Swiss businesses and individuals involved in trade with Russia and Belarus, potentially leading to economic repercussions.
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