Switzerland president says country will join EU sanctions targeting Russia

Switzerland's government has been trying to balance its condemnation of Russia's actions with its history of neutrality and as an intermediary between opposing countries

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AP Geneva
1 min read Last Updated : Feb 28 2022 | 8:53 PM IST

The Swiss president says Russia's attack on Ukraine is unacceptable and Switzerland will adopt European Union sanctions, including asset freezes, targeting Russians all but depriving well-heeled Russians of access to one of their favourite havens to park their money.

Ignazio Cassis told a news conference Monday that Russia's invasion was intolerable on moral and political grounds.

Switzerland's government has been trying to balance its condemnation of Russia's actions with its history of neutrality and as an intermediary between opposing countries.

Referring to the Swiss executive body, he added: The Federal Council has decided to take up fully the sanctions of the European Union, including the asset freezes.

Switzerland is not a European Union member but is all but surrounded by four EU countries: Austria, France, Germany and Italy.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :SwitzerlandEuropean UnionRussiaRussia Ukraine ConflictNATO allianceVladimir Putin

First Published: Feb 28 2022 | 8:53 PM IST

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