In the event of Ukraine’s invasion, tougher sanctions than previously proposed will be imposed against Russia – Johnson

The United Kingdom and the United States have agreed to impose restrictions on Russia's trade in their currencies (pounds and dollars) in the event of an invasion of Ukraine.

This was announced by British Prime Minister Boris Johnson in an interview with the BBC.

According to him, the countries will impose tougher sanctions against Russia than previously proposed. The ban on trade in pounds and dollars, according to Johnson, "will hit very, very hard."

Earlier, the White House claimed that in the event of an invasion of Ukraine by Russia, in particular, there would be complete isolation from the international financial system and shutdown of the Nord Stream-2 gas pipeline.

Meanwhile, European Commission President Ursula von der Leyen said Russia could be cut off from international financial markets and would be denied access to major exports, according to Reuters.

According to her, all goods produced in Europe, which the country urgently needs to modernize and diversify its economy, will become inaccessible to Russia.