Switzerland boosts gold imports from Russia despite sanctions

Data from Swiss customs showed that in November alone gold worth hundreds of millions of dollars came into the country Trade volumes between Russia and Switzerland have surged since Ukraine-related sanctions meant to isolate Moscow were imposed, newspaper Tages Anzeiger has reported last week, citing Swiss customs data. The outlet has found that Swiss exports, dominated by pharmaceutical products, have surged by 19%, while imports from Russia jumped by 54% since the beginning of the year. Such a sizable growth in Russian exports was reportedly due to an increase in shipments of gold, which is subject to specific s

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Switzerland boosts gold imports from Russia despite sanctions – media ...News

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