The British government has announced another package of sanctions against Russia in response to the Ukrainian invasion. This is what Prime Minister Boris Johnson described as “the toughest” Russia has ever seen.
After Russia’s President Vladimir Putin announced a “special military operation” in Ukraine early Thursday, explosions have been reported not only in the capital Kiev, but also in other cities such as Kharkiv, Mariupol and Odessa. ..
“It has been criticized in the eyes of the world and history, and Ukrainian blood can never be purified from his hands,” Putin said in a speech at the House of Commons on Thursday.
“Now we see what he is, a bloody invader who believes in the conquest of the empire,” he said, “this terrifying and barbaric adventure of Vladimir Putin must fail. No, “he added.
Mr Johnson said the UK will launch “the largest and most stringent package of economic sanctions Russia has ever seen.”
Johnson attacked five more oligarchs, including Putin’s former son-in-law, Kirill Shamalov, and expanded disciplinary measures to tackle more than 100 businesses and individuals.
He has sanctioned “all the major manufacturers supporting Putin’s fighters” by the government, imminently banning Russian state airline Aeroflot from landing on planes in the UK, and all, including those against state-owned banks. VTB, Russia’s second largest bank, said it would freeze the assets of major Russian banks.
Johnson renews parliament on talks between G7 leaders and NATO Secretary General Jens Stortenberg, and the G7 will work together to “maximize the economic price Putin pays for his attacks.” He said he agreed.
He said this must include “ending Europe’s collective dependence on Russia’s oil and gas, which has long helped Putin.”
“The countries that make up about half of the world’s economy are currently working to maximize economic pressure on countries that make up only 2 percent,” he said.
The Prime Minister said Britain would coordinate with the United States and the EU to introduce “new trade restrictions and strict export restrictions.”
“These trade sanctions will constrain Russia’s military, industrial and technological capabilities over the next few years,” he said.
“We continue our unrepentant mission to squeeze Russia from the world economy little by little, daily and weekly,” he added.
Sanctions also apply to Belarus, which has supported Russia’s military action against Ukraine.
PA Media contributed to this report.