Newsletter 119 from February 8, 2010 International Sanction

Newsletter 119 - New Ordinance concerning sanctions against Eritrea - On 3 February 2010, the Swiss Federal Council resolved on sanctions against Eritrea and decreed a corresponding Ordinance (SR 946.231.132.9). Switzerland thereby implements the sanctions imposed by the UN Security Council. The Ordinance came into force on 4 February 2010. Article 3 of the Ordinance provides for the freezing of funds and financial resources. The names of affected persons, business enterprises and organisations are to be given in the Appendix. No names of persons, business enterprises or organisations are recorded at present. The Ordinance is available for consultation on the State Secretariat for Economic Affairs website (SECO).