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• 107 new sanctions announced as UK unleashes our largest sanctions package since the early days of the invasion.聽

• milestone package targets Russian military supply chains, revenues fuelling Putin鈥檚 illegal war, and Kleptocrats driving profits for the Kremlin

• strengthening Ukraine鈥檚 hand will help to build a secure and prosperous Europe and UK 鈥� a foundation of the government鈥檚 Plan for Change

Today鈥檚 measures will target funds going into Putin鈥檚 war chest and propping up Russia鈥檚 kleptocratic system.聽聽聽

As the Prime Minister said last week, we are facing a once in a generation moment for the collective security of our continent.聽 The UK is working with our Allies to put Ukraine in the best position to achieve peace through strength. Today鈥檚 action is a further step towards this.聽聽

The sanctions will also target Russia鈥檚 military machine, entities in third countries who support it and the fragile supply networks that it relies on.聽聽聽

Targets include:聽聽

• producers and suppliers of machine tools, electronics and dual-use goods for Russia鈥檚 military, including microprocessors used in weapons systems. These are based in a range of third countries including Central Asian states, Turkey, Thailand, India and China, which is the largest supplier of critical goods for Russia鈥檚 military

• North Korean Defence Minister No Kwang Chol and other North Korean generals and senior officials complicit in deploying over 11,000 DPRK forces to Russia. Putin is using DPRK forces as cannon fodder; DPRK has suffered over 4,000 casualties

• 13 Russian targets, including LLC Grant-Trade, its owner Marat Mustafaev and his sister Dinara Mustafaeva, who have used the company to funnel advanced European technology into Russia to support its illegal war

For the first time, we are also using new powers to target foreign financial institutions supporting Russia鈥檚 war machine.聽 We are sanctioning the Kyrgyzstan-based OJSC Keremet Bank, disrupting Russia鈥檚 use of the international financial system to support its war efforts.

Foreign Secretary, David Lammy said:

Today鈥檚 action, the largest in almost 3 years, underscores the UK鈥檚 commitment to Ukraine.聽聽聽聽

Every military supply line disrupted, every rouble blocked, and every enabler of Putin鈥檚 aggression exposed is a step towards a just and lasting peace, and towards security and prosperity in the UK as a part of this government鈥檚 Plan for Change.聽

Lasting peace will only be achieved through strength. That is why we are focused on putting Ukraine in the strongest possible position.聽聽聽聽聽聽

As the world marks the grim milestone of Putin鈥檚 full-scale invasion entering its fourth year, we cannot and will not turn our backs on Ukraine in their fight for our shared security.

Keeping the country safe is the Government鈥檚 first priority and an integral part of the Prime Minister鈥檚 Plan for Change. Sanctions against Russia鈥檚 military machine and the revenues fuelling it will improve the chances of a just and lasting peace in Ukraine, which will benefit security and prosperity in the UK.聽聽

The new sanctions will put further pressure on Putin鈥檚 energy revenues, the most vital source of funding for his illegal invasion. They include specification of another 40 鈥榮hadow fleet鈥� ships carrying Russian oil. These vessels have collectively carried more than $5 billion worth of Russian oil and oil products in the last six months alone. The specifications bring the total number of oil tankers sanctioned by the UK to 133 鈥� the highest of any nation in Europe.聽聽

Finally, we are sanctioning 14 鈥楴ew Kleptocrats鈥�, some of whom are fronting up strategic sectors of Russia鈥檚 economy.聽 Among them are Roman Trotsenko, one of the wealthiest men in Russia, worth 拢2.2 billion.聽聽

After three years of the full-scale invasion, Ukrainians continue to defend their country and way of life with ingenuity and courage. They have shown that with the right support they can defend themselves against Russian aggression. Today鈥檚 action will strengthen Ukraine鈥檚 hand at a critical time in their fight for our shared security.

Background

• a list of those sanctioned today can be found here: (ODT, 20.9 KB)
• find more information on the UK鈥檚 support to Ukraine