Switzerland Adopts EU Sanctions on Belarus, Including 'No-Belarus' Contract Clause

Switzerland adopted a set of recent EU sanctions against Belarus on Oct. 30, bringing the country in line with the EU’s so-called “No-Belarus clause,” which requires companies to insert language in new contracts to signal certain products can’t be sent to Belarus (see 2407010025). Switzerland also adopted EU sanctions that impose restrictions on investments in companies in the Belarusian energy sector; trade bans on luxury goods, gold, diamonds, coal and crude oil from Belarus; and more.