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PM Johnson Outlines Sanctions On Russia

UK

PM Boris Johnson outlines UK sanctions to be imposed on Russia as a result of the invasion of Ukraine:

  • Russia to be barred from raising sovereign debt in UK markets
  • UK to suspend dual-use export licenses to Russia.
  • UK imposes sanctions on over 100 Russian individuals and entities.
  • UK will ban export of high-tech components to Russia.
  • Aeroflot, Russian flag carrier, to be banned from landing in the UK
  • Russian banks will not be able to access Sterling, clearing payments in the UK
  • Johnson: UK will bring forward sections of the Economic Crime Bill before the Easter recess. "Oligarchs in London will have nowhere to hide."
  • 'Nothing off the table' when it comes to SWIFT system and whether Russia should be removed.

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