Switzerland Aligns with EU's New Sanctions on Russia

Switzerland has announced its decision to join the latest European Union sanctions package against Russia. The measures now harmonize bans on Russian diamonds internationally and extend deadlines for exemptions in the withdrawal of investments from Russia, according to the Swiss Federal Council.

Switzerland's government announced on Wednesday its decision to align with the European Union's 14th sanctions package against Russia.

The latest measures include a harmonization of international bans on Russian diamonds, according to a statement from the Swiss Federal Council.

The Swiss government has also extended deadlines for exemptions related to the withdrawal of investments from Russia.

(With inputs from agencies.)