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Swiss Follow EU to Implement Further Sanctions on Russia

  • Move comes four days after shift from historic neutrality
  • Sanctions affect finance, aerospace and oil industries
Vladimir Putin
Vladimir PutinPhotographer: Alexei Druzhinin/AFP/Getty Images
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Switzerland is implementing further trade and financial sanctions against Russia, four days after breaking with its historic neutrality to adopt measures from the European Union.

The fresh sanctions, which include banning the exports of goods that could be used by Russia for military purposes, come into effect Friday at 6 p.m. Zurich time, Economy Minister Guy Parmelin told reporters in the Swiss capital Bern.