Britain warns Russia over Ukraine: we're working on high-impact sanctions

  • World
  • Thursday, 06 Jan 2022

FILE PHOTO: British Foreign Secretary Liz Truss speaks during a G7 foreign and development ministers session with guest countries and ASEAN nations on the final day of the summit in Liverpool, Britain December 12, 2021. Olivier Douliery/Pool via REUTERS/File Photo

LONDON (Reuters) -Britain warned Moscow on Thursday that it was working with Western partners on high-impact sanctions targetting Russia's financial sector should it invade Ukraine.

Russia has massed some 100,000 troops near Ukraine's border and though Moscow says it has no plans to invade its neighbour, President Vladimir Putin has demanded legally-binding guarantees that NATO will not expand further eastwards.

"We will not accept the campaign Russia is waging to subvert its democratic neighbours," Foreign Secretary Liz Truss told parliament. "They have falsely cast Ukraine as a threat to justify their aggressive stance."

"Russia is the aggressor here," Truss said. "NATO has always been a defensive alliance."

Russia annexed the Black Sea peninsula of Crimea from Ukraine in 2014, drawing sanctions and condemnation from the West. Kyiv wants the territory back.

Truss said that any further military incursion into Ukraine by Russia would bring "massive consequences, including coordinated sanctions to impose a severe cost on Russia's interests and economy."

"The UK is working with our partners on these sanctions, including high impact measures targeting the Russian financial sector and individuals," Truss said.

Putin says NATO's expansion eastwards since the 1991 fall of the Soviet Union is a threat to Russia which, he says, has nowhere left to retreat to. He has warned the West against ignoring his concerns.

Truss said she would visit Kyiv later this month and that the situation was reaching a crucial moment with only one way forward: for Putin to step back from the brink.

"It's vital that NATO is united in pushing back against Russia threatening behaviour," Truss said.

Britain, Truss said, was opposed to the Nord Stream 2 pipeline under the Baltic Sea.

"Europe must reduce its dependence on Russian gas," Truss said. "Britain remains opposed to Nord Stream 2 and I'm working with allies and partners to highlight the strategic risks of this project."

(Reporting by William James and Andy Bruce; editing by Guy Faulconbridge and Alistair Smout)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In World

Ukraine's former President blocked from leaving the country
First case of monkeypox confirmed in Ireland
Russian ex-president Medvedev calls for tougher 'foreign agent' law
Iran shows off underground drone base, but not its location -state media
U.S. doctors reconsider Pfizer's Paxlovid for lower-risk COVID patients
Cardinal Angelo Sodano, Vatican power broker for decades, dies at 94
Ukraine receives Harpoon missiles and howitzers, says defence minister
Russia says eastern Ukraine town of Lyman is under its full control
Iranian police fire shots, teargas to disperse protests over building collapse
Congo summons Rwandan ambassador over alleged support for M23 rebels

Others Also Read