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HomeGlobal NewsSwitzerland Seeks Data on Commodity Trade as Russia-Ukraine War Draws Spotlight

Switzerland Seeks Data on Commodity Trade as Russia-Ukraine War Draws Spotlight

The Swiss government will begin collecting data from commodity trading companies as the war in Ukraine highlights the importance of the sector both domestically and for foreign policy, the Federal Council said in a statement.

Currently there are no official figures in Switzerland on the commodity trading industry’s contribution to the country’s gross domestic product or on goods traded by locally-based companies.

The government’s statistics bureau will request information from around 400 companies over the next three years, it said.

Source: Bloomberg

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