UK bans imports of Russian caviar, silver, and other high-end products – POLITICO

LONDON — The U.Ok. has imposed an import ban on Russian caviar as a part of a contemporary tranche of sanctions in opposition to Vladimir Putin’s regime over the battle in Ukraine.

The U.Ok. authorities introduced Thursday import bans on Russian silver, wooden merchandise and luxurious items. The newest measures will even see tariffs enhance by 35 share factors on round £130 million value of Russian and Belarusian merchandise together with diamonds and rubber.

Announcing the sanctions, Trade Secretary Anne-Marie Trevelyan mentioned the U.Ok. “continues to stand shoulder-to-shoulder with Ukraine.”

“We are taking every opportunity we can to ratchet the pressure to isolate the Russian economy and these further measures will tighten the screws, shutting down lucrative avenues of funding for Putin’s war machine,” she mentioned.

Chancellor Rishi Sunak mentioned the “significant sanctions” will convey the U.Ok.’s whole import tariffs and bans on Russian items to greater than £1 billion, “imposing further economic pain on Putin’s economy for his barbaric and unjustified attacks on a sovereign nation.”

Earlier Thursday the U.Ok. focused a spread of Russian generals and protection corporations concerned within the battle in Ukraine in its newest spherical of sanctions.

The U.Ok. has already banned the import of iron and metal merchandise from Russia and Belarus, alongside stopping luxurious items exports to Russia, amongst different measures.

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