Days after Zelenskyy meets Sunak, UK announces new sanctions on Russia targeting 86 individuals and entities

The UK has today (Friday 19 May) announced a new wave of sanctions against Russia, targeting businesses and individuals connected to Russia"s capacity to fund and wage the war.

NewsBharati    19-May-2023 17:34:46 PM
Total Views |
London, May 19: UK on Friday (May 18) announced new sanctions against Russia targeting 86 individuals and entities, including theft of Ukrainian grain, advanced military technology, and remaining revenue sources.
 
 
UK issues sanctions on Russia
 
 
"The UK has today (Friday 19 May) announced a new wave of sanctions against Russia, targeting businesses and individuals connected to Russia's capacity to fund and wage the war," read UK Foreign, Commonwealth and Development Office press release. The 86 designations target individuals and organisations connected to Russia's energy, metals, defence, transport, and financial sectors - ramping up pressure on Putin's remaining revenue and attempts to use these sectors to support the military machine.
 
 
 
 
 
The UK is taking new action against Russia's energy sector - building on the import bans of Russian coal, oil, and LNG - by introducing designations of 9 organisations connected to Russia's state-owned nuclear energy company, Rosatom, which has been connected to Putin's war effort. "This includes UMATEX, which produces composite materials based on carbon fibre for Rosatom that could be used for military purposes, and TRINITI whose research and development into laser physics is directly funded by the Russian Federation's State Defence Order. TRINITI's lasers have been installed on tank chassis with the aim of dazzling the optics of aircraft and disrupting precision weapons," added the release.
 
 
Oleg Romanenko, a lead official at the Zaporizhzhia Nuclear Power Plant who has been colluding with the Russian government, the Operating Organisation of Zaporizhzhia Nuclear Power Plant, 13 members of the Gazprom-Neft board of directors, and 5 members of the Transneft board of directors have also been designated. Igor Altushkin, the billionaire oligarch who owns the Russian Copper Company, has been sanctioned. As the third largest producer of copper in Russia, Altushkin and his business has continued to play a key role in a sector of strategic significance for Putin's military machine. Eight other companies connected to metals production in Russia have also been sanctioned, and the UK has announced that we will also ban imports of Russian metals including aluminium, nickel, and copper.
 
 
--