Truss warns ‘nothing is off the table’ in Russia sanctions
The UK’s foreign secretary Liz Truss has revealed potential further UK sanctions on Russia, warning those close to Putin will see his incursion into Ukraine as a “self-inflicted wound” and adding “nothing is off the table”.
British prime minister Boris Johnson announced on Tuesday that three billionaire allies of the Russian president and five Russian banks would face punitive measures in response to their country’s aggression.
Truss said the UK was also considering sanctions for members of the Russian Duma and Federation Council, and extending Crimea’s territorial sanctions to the separatist controlled territories in the Donbas. Writing in The Times, she said:
Putin is … undermining Europe’s security and stability. We will use every lever at our disposal to stop him in his tracks.
We have put in place our toughest sanctions regime against Russia. Nothing is off the table. This first wave will target the individuals and companies closest to the Kremlin.
Truss added that “no UK individual or business will be able to deal with these territories until they are returned to Ukraine.”
Truss also said the UK has a “long list” of people who have been complicit in the actions of the Russian leadership, who the government is willing to “(turn) up the heat” on unless Russia pulls back its forces.
Beyond financial sanctions, Truss added the UK was willing to introduce “measures to limit Russia’s ability to trade and prohibit a range of high-tech exports, degrading…