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Britain to ban exports of luxury goods to Russia, impose new import tariffs

Britain to ban exports of luxury goods to Russia, impose new import tariffs
# 15 March 2022 13:56 (UTC +04:00)

Britain on Tuesday said it would ban the export of luxury goods to Russia and impose new tariffs on 900 million pounds ($1.2 billion) worth of Russian imports, including vodka, APA reports citing Reuters.

"Our new tariffs will further isolate the Russian economy from global trade, ensuring it does not benefit from the rules-based international system it does not respect," finance minister Rishi Sunak said in a statement.

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