Russian officials sanctioned by the European Union will be barred from new business interests in Switzerland but billionaires included on the U.S. sanctions list face no restrictions, the Swiss government said on Wednesday. Switzerland decided last week against imposing its own sanctions in response to the Ukraine crisis, but promised not to become a place to circumvent sanctions imposed elsewhere. In a statement on Wednesday, it fleshed out its plans to make sure people on the EU list — 33 politicians and security officials — could not use Switzerland to bypass the EU rules, but did not mention those sanctioned by the U.S. Treasury. A spokeswoman for the Swiss State Secretariat for Economics (SECO) later confirmed to Reuters that only the individuals on the EU sanctions list were affected by the Swiss measures. The United States and the EU have both imposed personal sanctions against Russian and Crimean officials involved in last month's seizure of the Crimea peninsula from Ukraine. Washington
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