皇冠体育app

Foreign Secretary Liz Truss is today announcing new legislation in Parliament to toughen and expand the UK鈥檚 sanctions regime in response to Russia鈥檚 aggression against Ukraine. 皇冠体育appse powers will go further than ever before.

Until now, the UK has only been able to sanction those linked to the destabilisation of Ukraine. 皇冠体育app new approach will mean a much broader range of individuals and businesses can be sanctioned due to their significance to the Kremlin.

皇冠体育appse new powers will be ready if necessary to hit the Russian state and its strategic interests where it really hurts. This legislation will mean we can act swiftly in lockstep with the US and other allies to freeze assets and ban travel.

Foreign Secretary Liz Truss said:

Whether you support Russia鈥檚 aggressive actions against Ukraine, or you鈥檙e of wider significance to the Kremlin, we will have the power to sanction you.

Nothing is off the table and there will be nowhere to hide.

This will amount to the toughest sanctions regime against Russia we have had in place yet, and mark the biggest change in our approach since leaving the European Union.

皇冠体育app UK has been clear that the only way forward is for Russia to de-escalate, end its aggressive campaign of hybrid warfare and engage in meaningful talks.

That means honouring agreements which Russia signed up to freely, like the 1994 Budapest memorandum on Security Assurances, where it agreed to uphold Ukraine鈥檚 territorial integrity.

Background

• the UK has implemented an independent sanctions policy and powers since 31 December 2020. 皇冠体育app provides the legal framework for the imposition of UK sanctions and the implementation of UN sanctions
• under the current sanctions regime, the , the UK has only been able to sanction those linked to the destabilisation of Ukraine
• the amendments proposed to 2019 Russia (Sanctions) (EU Exit) Regulations will broaden the scope of our designation criteria, enabling the UK to more readily designate a greater number of individuals and businesses associated with the Kremlin
• these changes will not designate or impose sanctions on any individuals or businesses automatically, but will provide the additional powers we need to be able to do so in the event of any further Russian incursion into Ukraine