Switzerland poised to freeze Russian assets, says president
(MENAFN- Swissinfo)
Sign at a demonstration in Bern on Saturday attended by up to 20,000 people Keystone / Manuel Lopez
It is“very probable” that neutral Switzerland will follow the European Union on Monday in sanctioning Russia and freezing Russian assets, according to Ignazio Cassis, who holds the rotating Swiss presidency this year.
This content was published on February 28, 2022 - 08:34 February 28, 2022 - 08:34 Reuters/ts
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Suiza analiza posible bloqueo de activos rusos
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Швейцария готова заморозить российские активы?
Cassis, interviewed on Sunday on Swiss public television, RTS, said the seven-member government would meet on Monday and review recommendations by the finance and economics ministries.
Asked whether Switzerland, a major financial centre and commodities trading hub, would follow the EU in freezing Russian assets, he said:“It is very probable that the government will decide to do so tomorrow, but I cannot anticipate decisions not yet taken.”
Cassis said Switzerland's neutrality must be preserved and it stood ready to offer its good offices for diplomacy if talks between Ukrainian and Russian officials on the Belarusian border do not succeed, for example by reaching an armistice.
“That does not prevent us from calling a spade a spade,” he said.
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