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Russia-Ukraine Conflict: UK mulls actions to stop anyone from profiting from Russian invasion

Secondary sanctions could be used to punish third countries who seek to do business with Russia.

February 28, 2022 / 10:23 PM IST
(Image: AP)

(Image: AP)

Britain is looking at secondary sanctions to target those who seek to profit from gaps left in trade resulting from sanctions that were imposed on Russia after it invaded Ukraine, British Foreign Secretary Liz Truss said on Monday.

Secondary sanctions could be used to punish third countries who seek to do business with Russia.

ALSO READ: Russia-Ukraine Conflict: Switzerland adopts same sanctions as EU against Russia

When asked if she will consider secondary sanctions – sanctions not against Russian entities but against entities in other countries that seek to profit from the gap left in trade – Truss told parliament: "Yes, we are looking at that."



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Reuters
first published: Feb 28, 2022 10:23 pm
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