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South Africa–Switzerland relations

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South African-Swiss relations
Map indicating locations of South Africa and Switzerland

South Africa

Switzerland

South African-Swiss relations refers to the current and historical relations between South Africa and Switzerland. South Africa has an embassy in Berne and a general consulate in Geneva. Switzerland has an embassy in Pretoria and a general consulate in Cape Town.

Trade

Switzerland did not participate in the United Nations-led boycott of apartheid South Africa, though it did observe the arms-embargo. As a result, in 2002 Swiss banks UBS and Credit Suisse faced a $50 billion lawsuit in the United States. Lawyer Ed Fagan led the suit on behalf of the plaintiffs. South African human rights lawyer Dumisa Ntsebeza also coordinated the suit. The Swiss banks firmly denied the charges.[1]

See also

References

  1. ^ Swiss banks 'face apartheid lawsuit' BBC News, 16 June 2002