Swiss President Ignazio Cassis did not rule out freezing of Russian assets by financial institutions in the country amid Moscow’s offensive in Ukraine, RT reported.<\/p>\n
Cassis said such a scenario was likely despite Switzerland’s long-standing neutral status.<\/p>\n
Cassis told Swiss television station RTS yesterday that “it is very probable” the Swiss government “will decide to do so [freeze assets] tomorrow”, RT reported.<\/p>\n
“But I cannot anticipate decisions not yet taken,” he added.<\/p>\n
The president said that while Switzerland has supposedly remained committed to its policy of neutrality, “that does not prevent us from calling a spade a spade.”<\/p>\n
Neutrality has been the main pillar of Swiss foreign policy since 1815 and the country officially remained neutral in both World War 1 and World War 2. Switzerland is obliged, however, to implement sanctions imposed by the United Nations.<\/p>\n
Switzerland previously announced on Thursday that it would sanction three Russian banks and introduce travel restrictions on 361 Russian State Duma officials.<\/p>\n
Cassis claimed that Switzerland “did not directly adopt sanctions” against Russia in 2014 “for reasons of neutrality,” but that the government had now “sharpened its response”, RT reported.<\/p>\n
“The EU sanctions issued yesterday are to be integrated into this ordinance in the form of anti-circumvention measures, and individual measures will be tightened, particularly in the financial sector,” Cassis said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Swiss President Ignazio Cassis did not rule out freezing of Russian assets by financial institutions in the country amid Moscow’s offensive in Ukraine, RT reported. Cassis said such a scenario was likely despite Switzerland’s long-standing neutral status. Cassis told Swiss television station RTS yesterday that “it is very probable” the Swiss government “will decide to […]<\/p>\n","protected":false},"author":1,"featured_media":15277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-15276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/15276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/comments?post=15276"}],"version-history":[{"count":1,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/15276\/revisions"}],"predecessor-version":[{"id":15278,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/15276\/revisions\/15278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media\/15277"}],"wp:attachment":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media?parent=15276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/categories?post=15276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/tags?post=15276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}