UK imposes fresh sanctions on Russia, Belarus
The UK has imposed new sanctions on Russia and Belarus over Moscow’s military operation in Ukraine including punitive import tariffs on precious metals and export bans.
The import tariffs affect trade worth 2.35 billion dollars while export bans target Russia’s manufacturing and heavy industry, according to a statement from the Department for International Trade.
“This far-reaching package of sanctions will inflict further damage on the Russian war machine,” said Secretary of State for International Trade Anne-Marie Trevelyan.
The new sanctions include £1.4bn of UK import tariffs – border taxes paid by buyers on goods shipped from Russia – that will affect imports of platinum, palladium and other products including chemicals from Russia.
The new package of restrictions brings the total value of products targeted by full or partial import and export sanctions to more than £4 billion.
“Over £4 billion worth of goods will now be subject to import and export sanctions, doing significant damage to Putin’s war effort,” said finance minister Rishi Sunak.
“They mark a third wave of sanctions against Russia since the invasion of Ukraine,” Sunak said in a statement.
Britain is acting in concert with its Western allies to try to cripple the Russian economy as punishment for Russia’s operation in Ukraine, and it has already sanctioned more than 1,000 individuals and businesses.
Moscow has vowed to stop the operation once its list of security demands was met.
The demands include Ukraine's refusal to join the Western military alliance of NATO and its provision of due protection for Russia's interests in the ex-Soviet republic.
Misuse of UK terrorism laws targets pro-Palestine movements
London Downing Street rally for Palestine
Iran calls out ‘hypocrisy’ of UK’s Lammy for rejoicing in fall of Assad
China ‘firmly opposes’ US military aid to Taiwan
VIDEO | Press TV's News Headlines
President Yoon Suk Yeol to be removed from office
At least 19 Gazans killed by Israeli airstrikes since dawn: Medics
Leader: Iran neither has nor needs proxy forces
US fighter aircraft shot down ‘in friendly fire’ amid aggression on Yemen
Yemeni FM: Israel’s sponsors accountable for ongoing aggression on Sana’a
Eight Palestinians killed as Israel attacks Gaza school, hospitals
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
