Switzerland imported more than 14 tons of gold of Russian origin from the UK and Moldova during October 2023, worth $874 million, without violating the current embargo, the country’s Federal Council said in a statement on its website.

Switzerland adopted an EU sanctions packages, which included an embargo on gold supplies from Russia from August 4, 2022, but gold produced by Russian processing plants before March 7 last year is exempt.

wp

By wp

Leave a Reply