Swiss Rebuff German Requests to Send Tank Ammunition to Ukraine
(Bloomberg) --
Neutral Switzerland has turned down German requests to approve the shipment of ammunition made in the country to help Ukraine fend off Russia's invasion.
Switzerland received two inquiries from Germany about passing on Swiss-made ammunition to Ukraine but rejected them in line with its neutral status, the country's State Secretariat for Economic Affairs said in an emailed statement on Sunday.
The munitions in question are for Marder tanks made by the German arms manufacturer Rheinmetall AG, the Swiss newspaper SonntagsZeitung reported. One of the firm's facilities that makes the ammunition is in the Oerlikon district of Zurich, the newspaper said.
According to Swiss law, the country can't approve the exports of weapons if the nation they're destined for is involved in an internal or international armed conflict.
Read More: Germany's Scholz Focuses Ukraine Policy on Avoiding Nuclear War
Rheinmetall has asked Germany to approve the export of 100 Marder tanks to Ukraine, Welt am Sonntag newspaper reported Friday.
The company declined to comment on the Swiss ammunition decision, referring “to the complex nature of the subject matter and the fact that the authorities in the respective countries are partly responsible for it.”
A spokeswoman of the economy ministry in Berlin wasn't immediately able to comment.
German Chancellor Olaf Scholz has pledged to continue shipping weaponry to Ukraine, while insisting on the need to avoid an open conflict with Russia that could lead to nuclear war.
©2022 Bloomberg L.P.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.