(Bloomberg) – Britain plans to impose new sanctions on Russia this week in an attempt to increase pressure on President Vladimir Putin over its invasion of Ukraine, a source familiar with the matter said.
The new measures will target the Russian military and security agencies, and will target more executives and their allies, according to the man, who spoke anonymously about yet-to-be-released plans. The Office of Foreign Affairs, Commonwealth and Development declined to comment.
Britain has already imposed the broadest sanctions on Russia in its history since the February occupation of Ukraine, and the government of Prime Minister Boris Johnson is coordinating new sanctions and trade restrictions with the group of seven other countries and the European Union. , While implementing the measures implemented so far.
The current list, which includes Putin and his daughters, Chelsea football club owner Roman Abramovich and one of Russia’s largest defense companies, will include licensed individuals and companies.
The list of UK sanctions against Russia – including those prior to the invasion of Ukraine – now includes more than 1,300 individuals, companies and banks.
Other security companies already licensed by the UK include tank manufacturer Uralvagonzavod and drone and other unmanned aerial vehicles manufacturer Kronshtadt.
The EU, for its part, is currently working on its sixth set of sanctions, including restrictions on some oil imports and possible measures, including the reduction of more Russian banks from the international financial news agency SWIFT.
According to the person, Britain is considering raising tariffs on several Russian products. Additional measures will be possible in the coming weeks to allow the Russian people and companies to spread false information, he said.
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Jane Austen is a writer and contributor covering culture, literature, lifestyle, and society. Her work focuses on thoughtful storytelling, social trends, and the issues shaping everyday life, delivering engaging and accessible content for readers across the United Kingdom.
