Britain notified Russia of new sanctions targeting 86 individuals and entities

Britain notified Russia of new sanctions targeting 86 individuals and entities

86 designations target individuals and organizations associated with Russia’s energy, metals, defense, transport and financial sectors, increasing pressure Putinn residual income and attempts to use these sectors to support the military apparatus.

Britain is taking new action against Russia’s energy sector – building on bans on imports of Russian coal, oil and liquefied natural gas – and introducing the designation of nine organizations linked to Russia’s state-owned nuclear energy company Rosatom, which is linked to Putin’s war. trouble.

“This includes UMATEX, which produces carbon fiber-based composite materials for Rosatom that can be used for military purposes, and TRINITI, whose research and development in laser physics is directly funded by the Russian state defense order. TRINITI’s lasers are mounted on tanks. a platform designed to dazzle aircraft optics and disrupt precision weapons,” the release added.

Oleg Romanenko, a senior Zaporizhzhia NPP official who has cooperated with the Russian government, Zaporizhzhia NPP Operating Organization, 13 Gazprom-Neft board members and 5 Transneft board members have also been named.

Igor Altushkin, the billionaire oligarch who owns the Russian Copper Company, has been sanctioned. As Russia’s third largest copper producer, Altuškin and his business have continued to play a key role in a strategically important sector for Putin’s war machine.

Eight other companies linked to Russian metals production have also been sanctioned, and the UK has announced that it will also ban imports of Russian metals, including aluminium, nickel and copper.

Together, these actions increase pressure on Russia’s metals industry, which remains an important source of revenue for the Kremlin’s war machine, and have a broader impact on other sectors such as transportation and energy.

Sanctions have also been imposed on 24 individuals and entities related to Russian transport services.

“This includes Powell Shipping Co LLP, State Grain Corporation (GZO) and their director Nikita Busel, who are connected to the systematic theft of grain from Ukraine. This grain and other agricultural products are known to have been temporarily stolen from warehouses and fields in the occupied territories of Ukraine and shipped out of Zaporizhzhia – labeled as Russian goods,” the statement added.

Six major Russian shipping companies that have enabled and supported Putin’s wartime economy have also been sanctioned.

This includes Sun Ship Management, an entity linked to Sovcomflot, Russia’s largest state-owned shipping company, which supports Russia in circumventing or undermining the effects of Western sanctions.

Twenty defense executives and companies have been sanctioned as part of today’s batch – further targeting individuals and organizations that support Russia’s continued military activities in Russia by equipping both the Russian armed forces and the Wagner group.

Among those punished are: Alan Valerievich Lushinkov and Vladimir Nikolayevich Lepinwho are both directors of JSC Concern Kalashnikov, which manufactures 95 percent of all Russian firearms

JSC BMZ, which has manufactured anti-personnel and anti-tank mines used by the Russian Armed Forces in Ukraine, and JSC Motovilikhinskiye, which is a minority subsidiary of Rostec, which manufactures howitzers used by the Russian Defense Forces in Ukraine.

Five financial institutions have also been sanctioned as part of today’s package of appointments, further isolating Russia from the global financial system and undermining Putin’s military capacity. These include JSC Dom RF, which operates under the instructions of the Russian government, and the Metallurgical Investment Bank, which supports Russian industrial exports.

“Putin is paying the price for his illegal invasion of Ukraine. Today we are increasing economic pressure – cracking down on Russia’s theft of Ukrainian grain and other sources of income that support its military,” the British foreign secretary tweeted. James Cleverly.

The appointments come after Prime Minister Rishi Sunak announced new import bans on Russian diamonds and metals at the G7 meeting in Japan earlier today.

“This includes a crackdown on shadowy individuals and entities involved in the theft and resale of Ukrainian grain, as well as targeting Russia’s largest energy and arms transport companies,” the statement added.

The Russia sanctions include companies involved in the theft of Ukrainian grain and companies involved in the transportation of Russian energy, as well as companies involved in Rosatom’s support of Putin’s military efforts.

“Companies related to Rosatom that produce advanced materials and technology, including lasers, have also been sanctioned,” the statement said.

Foreign Secretary Cleverly has also announced, in accordance with British law, that Russian state assets in its jurisdictions will remain immobile until Russia agrees to pay for the damages it has caused to Ukraine.

These new sanctions come as the prime minister meets his counterparts at the G7 summit in Japan to discuss long-term support for Ukraine’s defense and joint efforts to counter Russia’s malign activities.

Combined with these designations and new bans on imports of Russian diamonds and metals, the UK is working with international partners to further limit Russia’s ability to wage illegal war, increase economic pressure and address any emerging forms of circumvention until Ukraine prevails. exemption.

“We will continue to increase this pressure and suppress all forms of evasion that emerge until Ukraine wins and peace is secured. Our support for Ukraine is and will remain resolute for as long as it lasts,” Cleverly said.

HT

Source: ANI

Source: The Nordic Page

Related Posts:

Ads Block Detector Powered by codehelppro.com

Ads Blocker Detected!!!

Hi there! We have noticed that you are using an ad blocker. When you use an ad blocker, we will detect it and display this message. We understand that you want to reduce the annoyance of ads, but we also want you to know that ads are our main source of revenue to keep our website running. If you are willing to disable your ad blocker or whitelist our website, we can continue to provide high-quality content and services. In addition, you can enjoy a better browsing experience as the ads will display more relevant content based on your interests. Thank you for your understanding and support!