Switzerland's news in English

Editions:  Europe · Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Swiss extend Iran asset freeze

Share this article

14:47 CEST+02:00

Switzerland ratcheted up sanctions against Iran on Wednesday, announcing it had frozen the assets of a further 11 businesses and people.

The move brings Switzerland closer into line with measures adopted by the European Union on January 23rd in response to Iran's controversial nuclear programme, a government statement said.

The Iranian Central Bank has escaped sanctions by Bern however, "due to its importance for the Iranian economy."

Iran's nuclear programme is a source of widespread concern in the international community with many accusing the country of developing nuclear weapons.

Get notified about breaking news on The Local

Share this article

The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.