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The initiative would have prevented the nation from imposing sanctions unless approved by the UN.
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Early projections show Swiss voters rejecting a stricter application of the country's vaunted neutrality. Swiss neutrality has been enshrined in the constitution since 1848.
More than 70% of Swiss voters have rejected proposals to impose a stricter interpretation of the country's long-standing policy of neutrality.
70% vote against tightening centuries-old neutrality, which far right said was being eroded by sanctions against Russia