Switzerland updates sanctions guidance on iron and steel products

The Swiss Federal Department of Economic Affairs has updated the interpretative aid for (Russia) sanctions measures (notice), providing further guidance on the interpretation of article 14a concerned with iron and steel products and economically significant goods, which outlines:

• when the purchase and transport (and the provision of related services eg financial) of such goods is and is not permitted; and

• what is considered sufficient proof of the country of origin and in which cases such proof is needed.