The UK has announced new sanctions imposed against Russia targeting munitions producers, electronics companies, and diamond and oil merchants.
More than 50 new sanctions were placed to diminish Russian President Vladimir Putin’s weapons arsenal on the eve of the second anniversary of the Ukraine war.
The sanctions also aim to slash funding for Russia’s war by reducing the country’s trade in metals, diamonds, and the energy trade, Britain’s foreign office said.
The fresh sanctions target 14 individuals and entities connected to producing munitions, including rocket launch systems, missiles, and explosives, among others.
This includes a company from Turkey that has been supplying electronics to Russia’s military and firms from Belarus and China, as well as Russia’s Sverdlov State Owned Enterprise.
The Home Office also announced sanctions against oil trader Niels Troost, two Russian diamond companies, and five senior executives of mineral companies, among others.
Britain has sanctioned a total of 2,000 individuals and entities in its sanctions against Russia.
“Our international economic pressure means Russia cannot afford this illegal invasion,” British foreign minister David Cameron said.
“Our sanctions are starving Putin of the resources he desperately needs to fund his struggling war.”
