Switzerland joins EU's 17th sanctions package against Russia
Illustrative photo: Swiss government joins EU sanctions against Russia (Getty Images)
The Swiss government has joined the latest package of European Union sanctions against Russia, adopted in May 2025, according to the official website of the Swiss government.
The sanctions target 17 individuals and 58 legal entities. Their assets will be frozen, and they will be banned from entering Switzerland or transiting through the country.
According to the government statement, some of the sanctioned individuals are linked to Russia’s defense and military sectors.
Additionally, restrictions were imposed on 189 vessels from third countries, mainly oil tankers that are part of Russia's so-called shadow fleet.
The government also noted that Switzerland has tightened export controls for 31 companies, including entities from non-EU third countries.
EU sanctions against Russia
On May 20, the European Union adopted its 17th package of sanctions against Russia for its ongoing war of aggression against Ukraine. The restrictions primarily targeted nearly 200 ships in Russia’s shadow fleet used to transport oil in violation of existing sanctions.
The European Commission is currently preparing an 18th package of sanctions, which could be the most extensive since the start of the full-scale invasion. It may include measures against banks and introduce a new oil price cap. This package will be enacted if the Kremlin refuses to agree to a ceasefire or make progress in peace negotiations with Ukraine.
In addition, the United States is preparing its own set of sanctions, including a proposed 500% tariff on buyers of Russian oil.
