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UK imposes new sanctions on Russia, targets 86 individuals & entities

Written by  Shgun S -- May 19th 2023 05:50 PM
UK imposes new sanctions on Russia, targets 86 individuals & entities

UK imposes new sanctions on Russia, targets 86 individuals & entities

London (UK), May 19: The United Kingdom imposed further sanctions against Russia on Friday, targeting 86 individuals and entities, including theft of Ukrainian grain, advanced military technology, and remaining revenue sources.

"The UK has today (Friday 19 May) announced a new wave of sanctions against Russia, targeting businesses and individuals connected to Russia's capacity to fund and wage the war," a press release from UK Foreign, Commonwealth and Development Office said.

The 86 designations target persons and organisations associated with Russia's energy, metals, defence, transportation, and banking sectors, putting more strain on Putin's remaining revenue.

The United Kingdom is taking additional steps against Russia's energy sector, building on previous import bans of Russian coal, oil, and LNG - by introducing designations of 9 organisations connected to Russia's state-owned nuclear energy company, Rosatom, which has been connected to Putin's war effort.

"This includes UMATEX, which produces composite materials based on carbon fibre for Rosatom that could be used for military purposes, and TRINITI whose research and development into laser physics is directly funded by the Russian Federation's State Defence Order. TRINITI's lasers have been installed on tank chassis with the aim of dazzling the optics of aircraft and disrupting precision weapons," it added.

The Operating Organisation of Zaporizhzhia Nuclear Power Plant, 13 members of the Gazprom-Neft board of directors, and 5 members of the Transneft board of directors have also been designated, as has Oleg Romanenko, a lead official at the Zaporizhzhia Nuclear Power Plant who has been colluding with the Russian government.

The billionaire oligarch who controls the Russian Copper Company, Igor Altushkin, has been sanctioned. As Russia's third largest copper producer, Altushkin and his company have continued to play an important role in a crucial sector for Putin's military machine.

The designations come after Prime Minister Rishi Sunak imposed fresh import bans on Russian diamonds and metals earlier today at the G7 meeting in Japan.

"This includes a crackdown on the shady individuals and entities connected to the theft and resale of Ukrainian grain, as well as targeting Russia's major energy and arms shipping companies," the release said.



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