Swiss lawmakers have refused to back a proposal for a $5.5 billion aid package for Ukraine over the next five to 10 years, local media reported on Thursday.
Opposing the motion, Foreign Minister Ignazio Cassis said that Switzerland is already making a sizeable financial contribution to Ukraine and hosting refugees from the war-torn country, according to the Swissinfo news platform.
The Swiss government has already allocated around 1.5 billion Swiss francs ($1.7 billion) for Ukraine and its region for the 2025-2028 period, he added.
Cassis said that the Swiss government wants to help with reconstruction in Ukraine, but he stressed that a careful clarification of the needs and financing is necessary.
The decision came a day after the Swiss Senate approved a plan to permit buyers of Swiss weapons to re-export them to third countries, including Ukraine, under strict conditions.