The UK Imposes More Sanctions on Russia, Latest one targets Businessmen, Politicians, and Banks
New Delhi: The government of London has updated the list of sanctions on Russia and added a number of Russian banks, companies, and defense sector enterprises to the black list.
According to the updated list, 59 individuals and legal entities from Russia come under restrictive measures. In particular, the list includes Sberbank CEO Herman Gref, the first deputy of the board of the bank Alexander Vedyakhin and the ex-deputy Chairman Lev Khasis, businessmen Oleg Tinkov and Evgeny Shvidler.
Sanctions have been imposed on Oleg Aksyutin, Deputy Chairman of the Board of Gazprom, Belgian Didier Casimiro, First Vice President of Rosneft, Croat Zeljko Runje, Vice President of Rosneft for Offshore Projects, and Ivan Sechin, son of Rosneft CEO Igor Sechin.
Restrictions apply to Deputy Prime Minister – Plenipotentiary Representative of the President of the Russian Federation in the Far Eastern Federal District Yury Trutnev, Plenipotentiary Representatives in the Northwestern, Urals, Volga and Siberian Federal Districts Alexander Gutsan, Vladimir Yakushev, Igor Komarov and Anatoly Seryshev, as well as Deputy Minister of Defense Dmitry Bulgakov.
Polina Kovaleva, whom the British Foreign Office calls the stepdaughter of Russian Foreign Minister Sergey Lavrov, and the acting mayor of Ukrainian Melitopol, Galina Danilchenko also came under the sanctions. These individuals are banned from entering the UK and their assets there, if found, will be frozen.
The sanctioned legal entities include Gazprombank, Russian agricultural bank, Alfa-Bank, SMP Bank, and the Ural Bank for Reconstruction and Development.
Sanctions were also imposed against Russian Railways, Sovcomflot, RusHydro, Alrosa, and the enterprises of the Russian military-industrial complex and electronics manufacturers, in particular the JSC Makeyev Design Bureau, the Defense Initiatives company, and the Kronstadt Group drone developer.
Commenting on the new sanctions, Foreign Secretary Liz Truss said that London “will continue to tighten the screw and use sanctions to degrade the Russian economy on a scale that the Kremlin, or any major economy, has never seen before.”
Since February 24, taking into account the decisions announced on Thursday, the UK has imposed sanctions against more than a thousand Russian politicians, businessmen, officials, journalists, and businesses. In addition, sanctions targeted the Bank of Russia and a number of Russian banks, the export of goods was prohibited in a number of industries, the British skies were closed to Russian aircraft, Russian ships were banned from entering British ports, and many private companies decided to suspend operations in Russia or completely withdraw from Russian projects and refuse to invest in them.
(Vinayak)
