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Swiss Bans Luxury Watch Exports to Russia, Matching EU Measures

Switzerland’s Federal Council decided Friday to adopt the measures which will come into force in the next few days, the government said in a statement.
Switzerland’s Federal Council decided Friday to adopt the measures which will come into force in the next few days, the government said in a statement. (Shutterstock)

Switzerland, home to many of the world’s top watch brands, will ban the export of pricey timepieces and other luxury goods to Russia as the country matches European Union measures imposed in response to the invasion of Ukraine.

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