On 29 October 2025 and after more than three months, Switzerland finalized the implementation of the EU’s 18th sanctions package by updating the Ordinance on measures in connection with the situation in Ukraine (“Ukraine Ordinance”; see press release here). At the same day, the Federal Council also introduced new measures against Belarus by revising the Ordinance on measures against Belarus (“Belarus Ordinance”). These new measures (with one exception) entered into force on 30 October 2025…
On October 7th, a global panel of Baker McKenzie’s trade and customs practitioners host a webinar sharing their insights on the global state of India trade relations, as well as the trends we’re seeing with respect to India trade and opportunities these present. Topics to be covered include: The webinar will take place at 4:00 PM India Standard Time / 12:30 PM CET and is scheduled to run for 1 hour. For further information and to register,…
On 13 August 2025, the Swiss government adopted the Ordinance on the harmonization of sanctions ordinances (“Ordinance”), introducing a number of provisions relating to financial sanctions and their exceptions and derogations in relation to 14 of the 28 sanctions regimes in force in Switzerland (already briefly mentioned here). The Ordinance will come into effect on 15 September 2025. The sanctions regimes affected by the amendments introduced by the Ordinance are the following: In essence, the…
As a first step towards implementing the EU’s 18th sanctions package, the Swiss government amended several annexes to the Ordinance on Measures in Connection with the Situation in Ukraine (“Ukraine Ordinance”) on 11 August 2025. The Swiss government also extended the lists of designated persons in the Ordinance on Measures against Belarus (“Belarus Ordinance”) and the Ordinance on Measures against Moldova (“Moldova Ordinance”), following the listings adopted by the EU on 18 and 15 July…