Russia: Sanctions

(asked on 25th February 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment the Government has made of the extent of potential further economic sanctions against Russia; and for what reason those sanctions have not been implemented to date.


Answered by
James Cleverly Portrait
James Cleverly
Shadow Secretary of State for Housing, Communities and Local Government
This question was answered on 3rd March 2022

On 1 March we introduced new legislation in parliament on financial measures, including sovereign debt, clearing and securities measures and trade measures including a ban on dual use items; and a further range of critical tech and industrial goods. This is not the end. We have a rolling programme that will continue to ratchet up the pressure on Russia. We will designate additional companies and members of the elite over the coming weeks and months. The UK's sanctions have been coordinated with international allies to impose a severe cost on Putin and his regime. Sanctions are powerful tools, capable of having a significant impact, and complex to design. We want to ensure we get them right.

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