London is targeting 86 “shady individuals and entities” connected to the theft and resale of Ukrainian grain. Read more at straitstimes.com.
LONDON – Britain on Friday published plans to ban imports of Russian diamonds, copper, aluminium and nickel and slap a new wave of sanctions against Russia, targeting companies connected to the alleged theft of Ukrainian grain.set to unveil sanctions and export controls targeting Russia“We will legislate later this year to ban imports of Russian diamonds and end all imports of Russian-origin copper, aluminium and nickel,” British Prime Minister Rishi Sunak said in a statement.
Plans to target Russian metal follow the imposition of import tariffs and restrictions, meaning the impact on Russian exports to Britain will be muted. Then the London Metal Exchange suspended deliveries of Russian copper, aluminium, nickel and lead into its approved warehouses in Britain, although there was none stored in them.
“The global market is fluid, rich in alternative destinations,” Kremlin spokesman Dmitry Peskov told reporters on Friday, when asked about possible future diamond restrictions in the European Union.Britain is sanctioning 86 individuals and entities as part of a new crackdown on what it called “shady individuals and entities” connected to the theft and resale of Ukrainian grain, something Russia has been accused of and has denied.
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