Boris Announces Major New Sanctions Package Against Russia and Belarus

New sanctions just announced by Boris in the Commons. He calls Putin a “blood stained aggressor who believes in imperial conquest”…

  • Full asset freeze on VTB
  • Russian banks excluded from the UK financial system, stopping them accessing sterling and clearing assets through the UK – US taking similar measures
  • Ban on Russian state and private companies from raising funds in the UK
  • Sanctions also applied to Belarus
  • Asset freezes on more than 100 new entities and individuals, including all major manufacturers backing Putin
  • Aeroflot banned
  • New trade restrictions and stringent export controls
  • New legislation to ban the export on all dual use items to Russia, including high-end tech equipment from sectors including technology, telecommunications and aerospace

Boris says SWIFT ban can’t happen without unity among the G7 to be effective. Thanks Germany et al…

mdi-account-multiple-outline Boris Johnson
mdi-timer February 24 2022 @ 17:10 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
Home Page Next Story
View Comments