UK threatens tougher sanctions on Russia

UK Foreign Secretary Liz Truss

© APA | UK Foreign Secretary Liz Truss

# 31 January 2022 23:09 (UTC +04:00)

Foreign Secretary Liz Truss has announced new legislation to expand the UK's sanctions regime in the event of Russian aggression against Ukraine, APA reports citing BBC.

Currently the government can only impose sanctions on those directly linked to Russian actions in Ukraine.

But the new powers will allow it to target a much broader range of individuals and businesses.

Russia said the threat of more sanctions would backfire, hurting British companies and shareholders.

Kremlin spokesman Dmitry Peskov called it "an undisguised attack on business" and said it would lead to retaliatory measures "based on our interests".

Russia has placed an estimated 100,000 troops, tanks, artillery and missiles near Ukraine's frontiers, but denies it plans to invade the former Soviet republic, which also borders the European Union.

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