Global Trade Alert
Global Trade Alert

United Kingdom: Government announces a set of sanctions against Russia due to Russia’s invasion of Ukraine

Announcement

24 Feb 2022

In February 2022, the UK government announced a set of economic measures against Russia in response to the invasion of Ukraine.

Source

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Number of interventions

5

5 certainly harmful

0 likely harmful

0 liberalising

List of interventions

5 in force

Implementation date

24 Feb 2022

Revocation date:

No revocation date

Instrument unclear In force

On 24 February 2022, the UK government announced a set of sanctions against Russia following their attack on Ukraine. One of the measures bans Russian Aeroflot from UK airspace. Specifically, the Russ...

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Controls on credit operations In force

On 24 February 2022, the UK government announced economic measures against Russia in response to their invasion of Ukraine. More specifically, Russian companies will not be allowed to issue transferab...

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Controls on credit operations In force

On 24 February 2022, the UK government announced economic measures against Russia due to Russia’s invasion of Ukraine. Specifically, Russian state-owned enterprises are prohibited from raising soverei...

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Controls on commercial transactions and investment instruments In force

On 24 February 2022, the UK government announced a set of economic measures against Russia in response to the current events in Ukraine. Specifically, Russian designated banks are prohibited from acce...

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Export ban In force

On 24 February 2022, the UK government announced a set of trade restrictions against Russia in response to the invasion of Ukraine. Specifically, the export of a range of high-end and critical technic...

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