KEYWORDS TODAY:   BUDGETCARETAKER GOVERNMENTBSPRESIGNATIONKTB

HOT: » Center-right GERB party's decision to boycott Parliament puts key updates of 2014's state budget into question

Switzerland Stops Trade Talks With Russia

World | March 19, 2014, Wednesday // 16:42| Views: 808 | Comments: 0
  • Send to Kindle
Bulgaria: Switzerland Stops Trade Talks With Russia Switzerland's economy minister Johann Schneider-Ammann. Photo: www.europa-forum-luzern.ch

Switzerland has decided to freeze talks on a trade deal with Russia as a result of the Crimea crisis, its economy minister said on Wednesday.

Johann Schneider-Ammann said the talks with Moscow and its ex-Soviet customs union partners Belarus and Kazakhstan had been put on hold "in such a situation of uncertainty." 

"The reason is the difficult situation over Crimea ... We cannot of course pretend that nothing has happened," he told Swiss public radio station SRF, quoted by AFP. "Free-trade deals are important. The Russian market is important, and the customs union's market is important, but not at any price,"he said. "We have therefore decided to put the talks on hold, in order to be able to negotiate in safer circumstances in due course," he added. 

Switzerland is one of the several countries to take some kind of measures against Russia. Among them are Australia, Japan, Canada, USA and the EU member states.

World » Be a reporter: Write and send your article
Expats.bg All Are Welcome! Join Now!

Leave a comment


Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria