City
Epaper

Russian assets in UK may be frozen in accordance with new sanctions bill: UK Foreign Secretary

By ANI | Updated: February 1, 2022 00:30 IST

Assets of Russian companies in the United Kingdom may be frozen in accordance with a new bill on anti-Moscow sanctions, UK Foreign Secretary Liz Truss said on Monday.

Open in App

Assets of Russian companies in the United Kingdom may be frozen in accordance with a new bill on anti-Moscow sanctions, UK Foreign Secretary Liz Truss said on Monday.

"We will make that those who share responsibility for the Kremlin's aggressive and destabilizing action will share in beating a heavy cost. Their assets in the UK will be frozen. No UK business or individual will be able to transact with them. And should they seek to enter the UK, they will be turned back," Truss told lawmakers.

The foreign secretary also said that the package "that we are putting forward in legislation" will be "in place" by February 10. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: KremlinLiz truss
Open in App

Related Stories

PoliticsPutin held secret talks with Wagner warlord in Kremlin on July 1

PoliticsErdogan calls for extending Black Sea Grain Initiative

PoliticsRussia sees no grounds for extending grain deal: Kremlin

InternationalRussia-Ukraine accuse each other of plotting to attack Zaporizhzhia nuclear plant

PoliticsWestern sanctions, exit of foreign firms bring opportunities for Russian businesses: Putin

International Realted Stories

InternationalAfghanistan restores internet after 72-hour nationwide blackout

InternationalIndia to host Conclave of Army Chiefs of UN Troop Contributing Countries in Delhi from Oct 14-16

InternationalUS should deepen defence ties with India to counter China, says expert

InternationalUKPNP raises alarm over humanitarian crisis in PoJK at UNHRC session in Geneva

InternationalQatar PM says Trump's Gaza ceasefire plan meets key goals, urges all sides to seize momentum