The UK has imposed sanctions against five Russian banks and three individuals following an investigation into possible links between the two countries. The Russian government has accused the General Bank of providing funds to the Crimean separatists and Promsvyazbank of funding the Russian military. While the British government did not elaborate on the reasons for the move, it is unclear how many other companies and individuals will be affected by the new measures.
The US Treasury has also imposed sanctions against five Russian banks and three individuals, naming them as “very high-net-worth individuals”. Some of these people are billionaires, including Boris and Igor Rotenberg. Others are related to the Rotenbergs and are linked to Putin. The UK has said that it will continue to target the Russian banking system, energy sector, and the UK’s financial industry.
The UK imposed sanctions against five Russian banks and three individuals. The new measures will impact any assets in Ukraine, as well as individuals who travel to the country or engage in business with the Ukrainian government. The U.K. has said that more sanctions will be imposed depending on the Russian government’s actions. Until then, however, it will take time for the US and EU to work together.
The UK’s foreign minister Boris Johnson announced that the government is imposing new sanctions on the five Russian banks. The new measures are also aimed at two high-profile individuals who have ties to Putin. The UK’s Foreign Office has summoned Russia’s ambassador on Tuesday to discuss the new measures. The diplomat has also said that he spoke with French President Macron in regards to the situation in Ukraine.
The new sanctions against the Russian banks and individuals are aimed at targeting strategic entities of the Kremlin. In particular, the U.K. has banned Boris Rotenberg from visiting the UK and the US has also suspended the visas of three Russian citizens living in the UK. Further sanctions against the Russian government will be enforced against the Russian bank. The sanctions will be in effect for five years.
The UK imposed new sanctions against five Russian banks and three individuals on Wednesday. The oligarchs are accused of being behind the rising prices of natural gas and Ukraine’s oil and gas. These countries are not the only countries to be concerned with the situation in Ukraine. As the United Kingdom continues to impose sanctions against these companies and individuals, it should also consider its economic policy. The move will have an immediate impact on the two sides.
Britain has imposed sanctions against five Russian banks and three individuals. In addition to the five banks, the UK has sanctioned three individuals and one oligarch. The three individuals are named as Boris Timchenko, Gennady Timchenko, and Igor Rotenberg. The oligarchs have been accused of supporting the Russian oligarchs by providing financial support for the separatists in eastern Ukraine.
The UK imposed sanctions against the three individuals and five Russian banks. The sanctions will freeze the assets of those named and ban them from dealing with the sanctioned entities. The sanctions will not affect the country’s nationals’ passports or travel to Russia. But they will hinder the people from using British currency. The US is concerned that the new restrictions may cause more trouble for the UK. Nevertheless, the measures have caused serious problems for the United States.
The UK’s sanctions against the three individuals and five Russian banks were welcomed in Parliament. The sanctions imposed against the parliamentarians and the three billionaires will be similar to the ones against the three billionaires. They will require new legislation to enforce them. The actions are intended to help Ukraine rebuild its economy and to defuse the crisis. There is no other way to guarantee the security of the country.