The Swiss Federal Council has approved a financing plan for Ukraine’s recovery until 2036 worth 5 billion Swiss francs ($5.5 billion), as was reported on the government website. The first 1.5 billion francs ($1.64 billion) will be received by Ukraine by 2028. “This amount clearly demonstrates Switzerland’s solidarity with the people affected by the war … Read more
Switzerland’s Nestle food and beverage conglomerate has been declared an international sponsor of war, Ukraine’s National Agency on Corruption Prevention (NACP) reported on Telegram on Nov. 2. Nestle has more than 2,000 brands worldwide, including popular products like KitKat, Nescafé, Nesquik, Nestea and many others. The company continues to operate in Russia, supplying goods and … Read more
Ukraine’s Verkhovna Rada has ratified a Protocol on Amendments to the Convention between the Government of Ukraine and the Swiss Confederation for avoidance of double taxation with respect to taxes on income and capital. An Interfax-Ukraine correspondent has reported that a total of 307 MPs backed bill No. 0004 on ratification of the amendments on … Read more