UK Imposes New Sanctions on 2nd Anniversary of Russia's War on Ukraine
Foreign Secretary: UK Stands Firm in Supporting Ukraine's Democratic Struggle
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Britain's Foreign Secretary announced on Thursday a series of stringent sanctions against Russia as the conflict in Ukraine nears its third year. The Foreign Office revealed that over 50 new sanctions will be implemented, targeting both individuals and businesses implicated in supporting Russia's ongoing actions in Ukraine.
The newly identified targets encompass a range of sectors, including munitions manufacturing, electronics, and the diamond and oil trades. These measures coincide with the upcoming two-year anniversary of Russia's initiation of hostilities against Ukraine on February 24, 2022.
In a statement, Foreign Secretary David Cameron emphasized the effectiveness of international economic pressure in constraining Russia's ability to sustain its illegal invasion. He highlighted the impact of sanctions in depriving Putin's regime of vital resources necessary to sustain its military endeavors.
Cameron reiterated the UK's steadfast commitment to supporting Ukraine in its struggle for democracy, asserting that this support will endure indefinitely.
The statement emphasized the disruptive impact of the sanctions package on Russia's capacity to equip its military with advanced technology and weaponry.
Among those targeted by the UK sanctions are entities associated with munitions production, key Russian importers and manufacturers of machine tools, as well as two prominent Russian diamond companies. Additionally, five senior executives or owners of Russia's leading producers of copper, zinc, and steel are included in the sanctions list.
The statement highlighted the significant milestones of this month, marking two years since Russia's large-scale armed aggression against Ukraine, and a decade since the illegal annexation of Crimea and Sevastopol.
Under the Russia sanctions regime alone, the UK has sanctioned over 2,000 individuals, companies, and groups implicated in various activities.
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