Swiss Senate Approves Foreign Investment Controls

• The Swiss Senate adopted the government bill to control foreign investments by a vote of 27 to 11.
• The legislation targets purchases by foreign state investors in critical sectors such as military equipment, electricity production, and hospitals.
• The Federal Council drafted the bill reluctantly, only doing so at the specific request of parliament.
• The Senate rejected amendments from the House of Representatives that sought to extend controls to private foreign companies.
• The dossier must now return to the House of Representatives for further debate.

By The Numbers

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