{"id":70966,"date":"2022-02-28T19:01:00","date_gmt":"2022-02-28T17:01:00","guid":{"rendered":"https:\/\/new.palmografos.com\/?p=70966"},"modified":"2022-02-28T19:01:00","modified_gmt":"2022-02-28T17:01:00","slug":"vivvo-36266","status":"publish","type":"post","link":"https:\/\/www.palmografos.com\/?p=70966","title":{"rendered":"Switzerland says it will freeze Russian assets, setting aside a tradition of neutrality"},"content":{"rendered":"

Nick Cumming-Bruce<\/span><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

President Ignazio Cassis of Switzerland addressing a session of the United Nations Human Rights Council, in Geneva, on Monday. Pool photo by Fabrice Coffrini<\/span><\/p>\n

GENEVA \u2014 Switzerland, a favorite destination for Russian oligarchs and their money, announced on Monday that it would freeze Russian financial assets in the country, setting aside a deeply rooted tradition of neutrality to join the European Union and a growing number of nations seeking to penalize Russia for the invasion of Ukraine.<\/span><\/p>\n

After a meeting with the Swiss Federal Council, Switzerland\u2019s president, Ignazio Cassis, said that the country would immediately freeze the assets of Russia\u2019s president, Vladimir V. Putin, Prime Minister Mikhail V. Mishustin and Foreign Minister Sergey V. Lavrov, as well as all 367 individuals sanctioned last week by the European Union.<\/span><\/p>\n

Switzerland said it was departing from its usual policy of neutrality because of \u201cthe unprecedented military attack by Russia on a sovereign European state,\u201d but expressed a willingness to help mediate in the conflict. It also joined European neighbors in closing its airspace to Russian aircraft, except for humanitarian or diplomatic purposes. But said it would evaluate whether to join in subsequent E.U. sanctions on a case-by-case basis.<\/span><\/p>\n

Mr. Lavrov, who was scheduled to be in Geneva on Tuesday to address the United Nations Human Rights Council, will no longer make the trip because of the flight ban, Russia\u2019s mission to the United Nations in Geneva said on Twitter.<\/span><\/p>\n

\u00a0Swiss national bank data showed that Russian companies and individuals held assets worth more than $11 billion in Swiss banks in 2020. As a hub for the global commodities trade, Switzerland also hosts numerous companies that trade Russian oil and other commodities.<\/span><\/p>\n

The decision came amid mounting condemnation of Russia\u2019s invasion of Ukraine, which saw thousands of antiwar protesters march in Bern, Switzerland\u2019s capital, over the weekend. Demonstrators chanted for an end to \u201cPutin\u2019s war\u201d and criticized the government\u2019s initially cautious response to the crisis.<\/span><\/p>\n

\u00a0Switzerland cherishes a reputation for neutrality that has established Geneva as a home to the United Nations and a host to peace talks in numerous conflicts, including the wars in Korea and Vietnam. Recently, Geneva was the venue for last year\u2019s summit between President Biden and Mr. Putin.<\/span><\/p>\n

\u00a0Mr. Cassis expressed concern that the Alpine nation\u2019s credibility as a neutral diplomatic intermediary would suffer if it automatically followed suit with E.U. sanctions. Initially, Switzerland said last week that it would enforce travel bans against Russians on the E.U. sanctions list and stop Swiss banks from accepting new Russian money \u2014 but stopped short of cutting off the individuals\u2019 access to their bank accounts.<\/span><\/p>\n

\u00a0Since then, images of bloodied Ukrainian civilians and\u00a0 apartments damaged by shelling have fueled popular anger against Russia, Switzerland has adopted a tougher tone as well. Mr. Cassis told the United Nations Human Rights Council on Monday that Russia\u2019s attack on Ukraine was a flagrant violation of international law.<\/span><\/p>\n

\u201cThere has been no provocation which could have justified such an intervention,\u201d he said.<\/span><\/p>\n

\u00a0<\/em><\/p>\n

*Nick Cumming-Bruce reports from Geneva, covering the United Nations, human rights and international humanitarian organizations. Previously he was the Southeast Asia reporter for The Guardian for 20 years and the Bangkok bureau chief of The Wall Street Journal Asia.\u00a0<\/span><\/em><\/p>\n

The New York Times<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Nick Cumming-Bruce \u00a0 \u00a0 President Ignazio Cassis of Switzerland addressing a session of the United Nations Human Rights Council, in Geneva, on Monday. Pool photo by Fabrice Coffrini GENEVA \u2014 Switzerland, a favorite destination for Russian oligarchs and their money, announced on Monday that it would freeze Russian financial assets in the country, setting aside […]<\/p>\n","protected":false},"author":1,"featured_media":103631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[11542,11544,6788,7055,75,7588,7458,10464,364],"class_list":["post-70966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vivvo-category-11","tag-ukraine","tag-war","tag-6788","tag-7055","tag-75","tag-7588","tag-7458","tag-10464","tag-364"],"_links":{"self":[{"href":"https:\/\/www.palmografos.com\/index.php?rest_route=\/wp\/v2\/posts\/70966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.palmografos.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palmografos.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palmografos.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palmografos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70966"}],"version-history":[{"count":1,"href":"https:\/\/www.palmografos.com\/index.php?rest_route=\/wp\/v2\/posts\/70966\/revisions"}],"predecessor-version":[{"id":106749,"href":"https:\/\/www.palmografos.com\/index.php?rest_route=\/wp\/v2\/posts\/70966\/revisions\/106749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.palmografos.com\/index.php?rest_route=\/wp\/v2\/media\/103631"}],"wp:attachment":[{"href":"https:\/\/www.palmografos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palmografos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palmografos.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}