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You're reading: World in Ukraine. Ambassador: ‘We don’t want to attract black or non-taxed money’ to Swiss banks
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In his embassy located on Pechersk Hills across from Kyiv’s museum to World War II, Schoenenberger told the Kyiv Post that the free-trade agreement that Ukraine inked in 2010 with so-called EFTA states (Switzerland, Liechtenstein, Iceland and Norway) could take effect this year.

He also touched upon Swiss legislation to combat money laundering and assessed Ukraine’s chances of tracking and returning money suspected of being obtained through fraud.

Swiss banks, notorious for their secrecy, have provided a haven since 1934.

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