The British government has announced sanctions on technology in Russia
Along with the financial and economic sanctions against the Russian Federation, which came into force as a result of a British government decree of March 1, the sanctions will also be imposed on exports to Russia of dual-use goods and high-tech products.
This was stated in an official comment by Guildhall in the Ministry of Foreign Affairs of the United Kingdom.
In addition to financial measures (taken by the UK Government on 1 March – ed.), In full agreement with the United States and the EU, we will introduce new trade restrictions and strict export controls similar to those already implemented by the US. We will put forward a new one. a law banning the export to Russia of all dual-use goods, including high-tech products and critical technological equipment, as well as components in various sectors, including electronics, telecommunications, and space, “the British Foreign Office said.
With regard to financial sanctions against Russia, the British Foreign Office clarified that these are measures that came into force as a result of a resolution of the United Kingdom government, adopted on March 1.
“On March 1, we passed a resolution banning all financial transactions with the Central Bank of Russia, the Russian Ministry of Finance, and the Russian National Welfare Fund. Following Britain’s talks with international partners, the European Union said on March 2 7 Russian banks contributed to pressure from the United Kingdom, which has taken measures against already sanctioned entities in co-operation with the US and the EU to ensure that Russian banks can no longer use SWIFT for transactions with banks in any country, regardless of whether the country has imposed sanctions against Russia,” – the statement said.
The new powers will also allow us to ban Russian public and private companies from raising funds in the UK, ban transactions in their securities and lending. We will also limit the amount of money available to Russian citizens from deposits in their bank accounts in the UK. Hundreds of legal entities and individuals will be frozen, including manufacturers sponsoring Russia’s military vehicle and President Putin’s, as well as a ban on Aeroflot’s flights to the United Kingdom, the British Foreign Office said in a statement.
