The Swiss government has imposed additional sanctions against Russia over its invasion of Ukraine, in line with the European Union's latest measures on gold and gold products. Reuters.

The Swiss government said it had made two new exceptions to transactions related to agricultural products and oil supplies to third countries, which the EU also has, in order to avoid any disruptions in payment channels.

"The new measures primarily concern a ban on buying, importing or transporting gold from Russia. Services related to these goods are also prohibited," it said the government announcement.

It added that none of the measures against Russia were directed against trade in agricultural or food products between third countries and Russia.

"To avoid disruption of payment channels, the Federal Council (Cabinet) has made two new exceptions regarding transactions related to agricultural products and oil supplies in third countries, as well as the EU," the report said.

The Swiss government noted that Russia's largest bank, Sberbank, has had its assets frozen and is prohibited from providing funds, economic resources or technical services.