Contents tagged with Switzerland

  • Swiss laboratory denies Lavrov's claims that Skripal’s poison was developed by NATO

    In response to comments by the Foreign Minister of Russia,The laboratory in the town of Spiez, Switzerland that had contributed to the investigation on the notorious Skripal poisoning incident stated that the BZ toxin was not mentioned in its report.

    “Only the Organization for the Prohibition of Chemical Weapons (OPCW) can comment on this statement. But we can reiterate what we said 10 days ago. We have no doubt that Porton Down was right in identifying Novichok as the poisoning agent,” the …

  • Swiss subsidiary of Russian GazpromBank banned from accepting new clients after money laundering audit

    The Swiss Financial Market Supervisory Authority (FINMA) has uncovered serious inadequacies in the anti money laundering procedures of GazpromBank’s subsidiary company in Switzerland (GazpromBank (Switzerland) Ltd.) and has banned it from taking on new private clients.

    The decision was made earlier, following a two-day investigation prompted by the Panama Papers – material on the offshore accounts and companies of politicians and high-ranking officials from more than 50 countries.“The bank was …

  • Swiss ambassador: corruption is the main hurdle for investors in Ukraine

    Corruption and the absence of the rule of law in Ukraine are serious problems for potential foreign investors, stated the Swiss Ambassador to Ukraine and Moldova, Guillaume Scheurer, during his interview with Interfax-Ukraine.

    "Corruption is an issue. It is a fact that there is no respect for the rule of law. These are the two elements that make many businessmen somehow uncertain about coming to Ukraine. They are ready to deal with competition, business issues and production problems, but not …

  • Switzerland extends sanctions against Yanuckovych

    Switzerland extended for a year the freezing of the accounts of the former presidents of Tunisia and Ukraine and of persons associated with them, stated the Federal Council of Switzerland on its website.

    "At its meeting on December 20, the Federal Council decided to extend for a year the freezing of all accounts in Switzerland of the defunct presidents Ben Ali of Tunisia and Viktor Yanukovych of Ukraine and their entourage and other persons closely associated with them," the report said.

    The …

  • Switzerland requires Ukraine to prove that detained gold belongs to 'Yanukovych's circle'

    Switzerland has demanded evidence for the transfer to Ukraine of more than half a ton of gold stolen and exported by the circle of fugitive ex-president Viktor Yanukovych, TSN reported, citing the press service of the Swiss Federal Department of Foreign Affairs (FDFA).

    "To date, Ukrainian assets estimated at about 70 million Swiss francs have been frozen in Switzerland. The assessment of the amount may change depending on a number of criteria, such as currency fluctuations, the cost of equity, …

  • Ukraine and Switzerland agreed on simplifying visa regime

    The Minister of Foreign Affairs, Pavlo Klimkin announced at a press conference with Didier Burkhalter, the Head of Department of Foreign Affairs of Switzerland that Ukraine and Switzerland have agreed to simplify the visa regime between the countries.

    “We’ve just signed two agreements. I signed with Didier the agreement on facilitating the visa regime. You know that on June 11, we’ll have a visa-free regime with Switzerland but now we settled all issues in such a way that we have clear rules …

  • Switzerland sends 600 tons of humanitarian aid to the Donbas

    The Swiss Embassy in Ukraine has sent 600 tons of humanitarian aid to the uncontrolled territory of the Donetsk region, as reported the State Border Guard Service of Ukraine on their website.

    “30 trucks from the Swiss Embassy went through Novotroitske checkpoint to the uncontrolled territory,” the message on the web site reads.

    According to the information of the border guards, the trucks transported humanitarian cargo for residents of Donetsk region with a total weight of about 600 tons. …

  • Switzerland will give Ukraine a tranche of $100 million in the coming weeks

    The first loan tranche from Switzerland will be provided to Ukraine in the near future, as reported on the Swiss government’s website.

    "The first loan tranche of $100 million will be directed to the National Bank of Ukraine in the coming weeks," the statement says.

    After consultations with the Swiss National Bank, the Swiss Federal Council decided in February 2015 that the country would participate "in the international coordination of financial support to Ukraine," the report says.

    In the …

  • Swiss fighters escorted aircraft carrying Russian delegation

    An aircraft of the Swiss Air Force flew close to an airliner with the Russian delegation on board, as they were heading to Peru for the APEC summit. Members of the delegation on board included the head of the Federal Service for Military-Technical Cooperation (FSMTC) Alexander Fomin. They will accompany President Vladimir Putin at the meeting.

    It is reported that the incident occurred in the sky over Switzerland. One of the fighters flew up close to the Russian aircraft from the left side "at …

  • Switzerland imposed sanctions against Russian deputies elected in the Crimea

    Switzerland has expanded its list of people who will not be able to bypass the US and EU sanctions imposed because of aggression by the Russian Federation in Ukraine, according to the Swiss state secretariat for economic affairs.

    The names of six people who were recently elected as deputies of the State Duma of the Russian Federation in the Crimea and Sevastopol were added to the list.

    “On November 17, 2016, the Federal Department of Economics, Education and Research (EAER) amended the list …