the UK insisted on listing Chinese companies in the latest round of sanctions against Russia. Such move will have a negative impact on the bilateral economic and trade relations, said a spokesperson of China's Ministry of Commerce in response to a media query. ...
Sanctions On 7 November 2024, the UK unveiled its largest sanctions package against Russia since mid-2023, aiming to weaken Russia's military and curtail Russian-backed mercenary operations worldwide. With 56 new designations, the sanctions directly impact Russian supply chains essential for...
On 21 June 2022 the UK government imposed further trade restrictions against Russia under The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 which amend The Russia (Sanctions) (EU Exit) Regulations 2019) (“the Regulations”). A copy of the consolidated Regulations can be...
Some £20 billion ($25.12 billion) of UK-Russia goods trade is now covered by sanctions. ”The formation of the Office of Trade Sanctions Implementation (OTSI) is no surprise. As sanctions have increased in scope to focus not just on financial sanctions but trade sanctions as well, so ha...
Our Sanctions team examines the differences and their significance in this briefing. Download Briefing Download a PDF version of ‘UK sanctions against Russia provision of legal services to non-UK persons an activity focused prohibition’ Download Share Twitter LinkedIn E Mail Rel...
The UKhas announceda new package of sanctions against Russia. This will include the following sanctions: Export bans on every item Russia has been found using on the battlefield to date. Goods will include aircraft parts, radio equipment, and electronic components that ...
London—The U.K. has joined the United States in sanctioning Alrosa as Russia’s invasion of Ukraine continues. On Thursday, U.K. Foreign Secretary Liz Truss announced65 new sanctionsagainst Russian entities and individuals, targeting strategic industries, banks, and business elites the U.K. vie...
First wave of EU Sanctions2 Designations of Entities and Individuals The EU has imposed an asset freeze on more than 300 members of the Russian State Duma, who voted in favour of Russia's recognition of the non-government controlled areas of the Donetsk and Luhansk oblasts of...
In addition to that, sanctions have been imposed the Bank of Russia and a number of Russian banks, the British sky has been closed for Russian planes, Russian ships are banned from entering British ports. Russian President Vladimir Putin said in a televised address on February 24 that in resp...
On June 13, the UK declared its first specific sanctions against the tankers in the shadow fleet, moving Russia’s oil as part of a broader effort in association with the G7 nations at the beginning of the summit in Italy. The most recent sweeping effort that the UK mentioned in...