Britain strengthens sanctions against Russia

British PM Boris Johnson has confirmed a further 10 measures which will be enforced against Russia, on top of the sanctions confirmed earlier this week.

As Sky News informs, these additional sanctions are:

  • An intention to impose asset freeze on all major Russian banks with an immediate freeze against VTB which has assets totalling £154bn
  • To introduce legislation on Tuesday that will prohibit the ability of all Russian companies to raise finance on UK markets
  • To issue sanctions against individuals, entities and their subsidiaries which include Rostec - Russia's largest defence company
  • Look to imminently ban the ability of Russian airline Aeroflot to land in the UK
  • To immediately suspend the use of export licences to Russia - an example being electrical components or parts of military trucks
  • To lay legislation "within days" that will prohibit a wide range of high tech exports to Russia.
  • Look at introducing legislation that would limit the amount of deposits Russian nationals will be able to hold in UK bank accounts.
  • To work with G7 and NATO allies to shut off Russia's access to the SWFIT payment system
  • To extend this full range of measures to Belarus
  • Look at bringing forward the Economic Crime Bill which will take action against Russians who raise funds in the UK.

As reported, head of the aggressor country Vladimir Putin announced the beginning of “a special military operation in Donbas”.

At about 04:00, February 24, Russia attacked Ukraine and launched war.

On the morning of February 24, the Verkhovna Rada approved a presidential decree on the imposition of martial law throughout Ukraine.

ol