On the third anniversary of Russia's full-scale invasion of Ukraine, the United Kingdom introduced its largest sanctions package against the Russian Federation since 2022. These measures are aimed "directly at those who continue to support the invasion," as stated on the British government website.
It is noted that the sanctions "target the resources flowing into the Russian military treasury," the "military machine of Russia, organizations in third countries that back it, and the fragile supply networks it relies on."
Specifically, the sanctions affect manufacturers and suppliers of machinery, electronics, and dual-use goods for the Russian military, including microprocessors used in weapon systems. These entities are based in several third countries, including Central Asia, Turkey, Thailand, India, and China.
Sanctions have also been imposed on North Korean Defense Minister No Kwang-chol and other North Korean generals and officials involved in deploying over 11,000 North Korean troops in Russia.
Additionally, restrictions target 13 Russian companies, including LLC "Grant-Trade," its owner Marat Mustafayev, and his sister Dinara Mustafayeva, who used the company to transfer advanced European technologies to Russia to support the war.
For the first time, sanctions have been applied to foreign financial institutions "that support the Russian military machine." This includes JSC "Keremet Bank" from Kyrgyzstan.
Reports indicate that the new sanctions also involve 40 ships from Russia's "shadow fleet," which have collectively transported Russian oil and petroleum products worth over $5 billion in the past six months. Consequently, the total number of oil tankers sanctioned by the UK has reached 133, the highest among other European countries, as emphasized by the government.
Sanctions have also been imposed on 14 "new kleptocrats," including Roman Trotsenko, one of the wealthiest individuals in Russia, whose fortune is estimated at £2.2 billion.
"Today's decision is the largest in nearly three years and underscores the UK's commitment to Ukraine," emphasized Foreign Secretary David Lammy.
He assured that the UK would not "turn away from Ukraine in its struggle for our shared security."
Sanctions Against Russia: Latest News
As previously reported by UNIAN, Australia and New Zealand imposed significant sanctions against Russia on the third anniversary of the full-scale invasion of Ukraine. In total, Australia has implemented over 1,400 anti-Russian sanctions in response to Russia's attack on Ukraine. New Zealand's Foreign Minister Winston Peters announced sanctions against 52 Russian citizens and firms.
Furthermore, the Council of the European Union approved a large-scale 16th package of economic and individual restrictive measures. This package affects vital sectors of the Russian economy and aims to further weaken the Russian regime's ability to conduct its illegal, unprovoked, and unjustified aggressive war against Ukraine.