Britain to keep sanctions on Russia until compensation paid to Ukraine – foreign minister
On June 19, Great Britain passed legislation allowing it to maintain sanctions against the Russian Federation until Moscow pays compensation to Ukraine.
This was reported by the British Foreign Ministry, according to Reuters.
"As Ukraine continues to defend itself against Russian invasion, the dire consequences of Putin's war are obvious. Ukraine's reconstruction needs are – and will continue to be – enormous," said British Foreign Minister James Cleverly.
"With our new measures today, we are strengthening the UK's sanctions approach, confirming that the UK is prepared to use sanctions to make Russia pay to rebuild the country it so recklessly attacked," he said.
It is noted that since the start of the invasion of Ukraine last year, Britain has frozen more than $23 billion in assets and imposed sanctions against more than 1,550 Russians, including Roman Abramovich, the former owner of Chelsea football club.
The British government also said that sanctioned Russians who support Ukraine will now have a new way to donate their frozen funds to help rebuild Ukraine.
"This will be a voluntary process through which individuals subject to sanctions will be able to apply for the release of funds specifically to support the recovery and reconstruction of Ukraine," the British government said in a statement.
The government also added:
"There will be no coercion of individuals to encourage them to transfer funds, nor any offer of sanctions relief in exchange for a donation."
It should be noted that the Prime Minister of Great Britain, Rishi Sunak, believes that only one person is responsible for the illegal and unprovoked invasion of Ukraine – the President of Russia, Vladimir Putin.
Rubryka also wrote that on May 19, Great Britain introduced a new package of sanctions against 86 Russian individuals and legal entities that helped the Russian Federation finance the war of aggression in Ukraine.