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UK announces ban on Russian diamonds & metals ahead of G7 meeting in Japan

The United Kingdom has announced ban on Russian diamonds alongside the military-industrial complex and metals in fresh round of sanctions ahead of G7 meeting in Japan.
UK announces ban on Russian diamonds & metals ahead of G7 meeting in Japan
UK announces ban on Russian diamonds & metals ahead of G7 meeting in Japan

In a statement, UK government said, the ban has also been announced on imports of Russian-origin copper, aluminium and nickel. Along with these trade sanctions, the UK is also preparing to target an additional 86 members of Russia's military-industrial complex as well as those engaged in vital industries including energy, metals, and shipping.

As the UK continues to engage with G7 allies to address all types of sanctions circumvention, they also include those who actively help the Kremlin in its efforts to weaken the impact of current sanctions. Meanwhile, the United States will also unveil new sanctions to extensively restrict Russia's access to goods that matter for its battlefield capabilities. A US official said that the United States plans to blacklist about 70 companies and organizations for selling restricted American products to Russia.

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Published date : 20 May 2023 06:26PM

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