The UK has imposed sanctions on the Putin regime as well as a number of Russian military leaders, including a commander accused by Ukraine of civilian deaths in Bucha, as war is about to break out. entering its third month.
The government on Thursday unveiled trade sanctions against Russia hours after designating a number of individuals and companies amid international attempts to ‘isolate the Russian economy’ and shut down ‘lucrative funding channels’ “.
Chancellor Rishi Sunak and International Trade Secretary Anne-Marie Trevelyan have said the UK will raise tariffs by 35% on certain Russian and Belarusian goods, including diamonds. The UK has expanded the list of products subject to import bans, the Department for International Trade said, to include products such as caviar and silver.
The UK is “working closely with our international partners to inflict maximum damage on Putin’s regime, reducing the resources and funds it needs to wage this illegal war,” Trevelyan said.
“We are taking every opportunity we can to increase the pressure to isolate the Russian economy and these new measures will tighten the screws, shutting down lucrative avenues of funding for Putin’s war machine.”
These sanctions will bring total import duties and bans on Russian products to more than £1 billion, Sunak said.
The latest pressure on Putin’s regime comes hours after the UK froze the assets and applied travel bans to seven people, with 19 other people and companies facing sanctions in concert with the EU and the G7 group of industrialized countries.
“The depravity of Russia’s assault on the Ukrainian people is plain to all,” Foreign Secretary Liz Truss said. “They deliberately target hospitals, schools and transport hubs in Mariupol and beyond.”
Among those affected by London’s measures are Azatbek Omurbekov, a lieutenant colonel nicknamed “Bucha’s Butcher” for his alleged role in the deaths of civilians in the city northwest of the Ukrainian capital kyiv.
Western countries have imposed restrictions on individuals and businesses linked to Russia since Moscow invaded Ukraine on February 24.