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

InternationalDeath toll from US airstrikes on Yemen's capital rises to 12

InternationalSharjah Museums Authority showcases cultural innovation at Arabian Travel Market 2025

InternationalSpain, Portugal declare emergency after 12-hour power outage

InternationalGuterres urges India, Pakistan to avoid escalation amid reports of troops exchanging fire

InternationalCanada election 2025: Polls close in easternmost province of Newfoundland and Labrador