The UK government has announced further trade sanctions against Russia – expanding the list of products facing import bans and increasing tariffs.
With these new measures, the UK will now be imposing import tariffs and bans on over £1 billion of Russian goods.
The new sanctions – announced today (Thursday, April 21) by International Trade Secretary Anne-Marie Trevelyan and Chancellor of the Exchequer Rishi Sunak – will include import bans on silver, wood products and high-end products from Russia, including caviar.
The government will also increase tariffs by 35 percentage points on around £130 million worth of products from Russia and Belarus, including diamonds and rubber.
International Trade Secretary Anne-Marie Trevelyan said:
“The UK continues to stand shoulder-to-shoulder with Ukraine and is working closely with our international partners to inflict maximum damage to Putin’s regime, reducing the resources and funds he needs to carry out this illegal war.”
Chancellor of the Exchequer Rishi Sunak said:
“We are steadfast in our support for the people of Ukraine and these new significant sanctions against Putin will bring the total import tariffs and bans on Russian goods to over £1 billion – imposing further economic pain on Putin’s economy for his barbaric and unjustified attacks on a sovereign nation.”
