[ad_1]
The United Kingdom on Wednesday announced a new package of sanctions against Russia.
Britain’s fifth package of sanctions against Moscow over the war in Ukraine includes a complete freeze on assets of Russia’s largest bank, Sberbank, and Moscow Credit Bank, as well as a ban on new British investments in Russia, worth over $ 14 billion in 2020.
A statement from the Foreign Ministry said that Britain would end all its dependence on Russian coal and oil by the end of 2022 and end its gas imports. Exports of oil equipment and catalysts and imports of iron and steel products will also be banned.
“This will be another major blow to the Russian economy and will further limit their capabilities in the future,” the British government said in a statement.
The United Kingdom also sanctioned eight other Russian oligarchs whom Russian President Vladimir Putin “uses to support his war economy,” the statement added.
top channel
[ad_2]
Source link
