UK Imposes Unprecedented Sanctions On Russia After Ukraine Invasion – What We Know!

UK Imposes Unprecedented Sanctions On Russia After Ukraine Invasion

Putin would “stand condemned within the eyes of the world and of historical past”, mentioned Boris Johnson.

London:

Britain on Thursday imposed a biting bundle of sanctions on Russia that Prime Minister Boris Johnson mentioned would degrade its financial system “for years to return”, as he slammed President Vladimir Putin in unusually private phrases.

After Putin ordered his forces to invade Ukraine, Johnson referred to as him a “dictator” who “won’t ever have the ability to cleanse the blood of Ukraine from his arms”.

Downing Avenue will fly Ukraine’s flag and be lit up within the nationwide colors of yellow and blue on Thursday night, the prime minister’s spokesman mentioned.

Protesters waving Ukrainian flags and brandishing placards of help gathered outdoors Downing Avenue.

The UK sanctions embrace freezing the belongings of Russian financial institution VTB and arms producer Rostec, sanctions on 5 extra oligarchs near Putin together with his former son-in-law Kirill Shamalov, and banning Aeroflot from British airspace.

Britain will legislate to stop the Russian state and entities from elevating cash in London, and ban the export of “dual-use” gear that may have navy purposes.

It would additionally legislate to restrict how a lot cash Russians can maintain in UK financial institution accounts, though the ceiling has but to be decided.

Lengthy accused of turning a blind eye to Kremlin-backed cash flowing via London, the federal government will speed up an “Financial Crime Invoice”, notably to prise open the true possession of Russian-held belongings.

Johnson instructed parliament the measures had been “the biggest and most extreme bundle of financial sanctions that Russia has ever seen”.

‘Blood-Stained Aggressor’

Putin would “stand condemned within the eyes of the world and of historical past”, he added.

“Putin was at all times decided to assault his neighbour, it doesn’t matter what we did,” he mentioned, calling the Kremlin chief “a blood-stained aggressor who believes in imperial conquest”.

Britain had this week already imposed sanctions on 5 Russian banks and three billionaire businessmen, however was accused of not going far sufficient.

The brand new commerce sanctions, Johnson mentioned, “will constrain Russia’s navy industrial and technological capabilities for years to return”.

“We can’t and won’t simply look away,” he had mentioned in a televised deal with to the nation, after phoning Ukraine’s President Volodymyr Zelensky simply after 4 am (0400 GMT) as Russian forces moved in.

Johnson summoned his safety chiefs for an early assembly in response to the invasion and was as a result of maintain an extra disaster session and full cupboard assembly on Thursday night.

International Secretary Liz Truss mentioned the federal government had deployed groups to 5 nations in japanese Europe to help Britons leaving Ukraine.

Transport Secretary Grant Shapps mentioned he had instructed the UK Civil Aviation Authority to make sure airways keep away from Ukraine airspace “to maintain passengers and crew secure”.

The opposite Russians sanctioned Thursday by the UK had been Pyotr Fradkov, Denis Bortnikov, Yuri Slyusar and Elena Georgieva.

The oligarchs are “individuals who have worldwide life”, a British diplomatic supply mentioned.

“They arrive to Harrods to buy, they keep in our greatest resorts once they like, they ship their youngsters to our greatest public (non-public) faculties, and that’s what’s being stopped.

“So these persons are basically persona non grata in each main Western European capital on the earth. That actually bites.”

Johnson mentioned sanctions would even be prolonged to Belarus for serving to within the invasion, however didn’t go into element.

Russia, in the meantime, is because of maintain the ultimate of European soccer’s Champions League closing in Saint Petersburg on Could 28, which governing physique UEFA is reviewing.

“I can’t for the lifetime of me see how that may at present go forward,” Johnson instructed parliament.

(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)