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Britain freezes nearly $21 billion in assets in Russia

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Russian assets frozen by the UK as part of sanctions against Moscow for the invasion of Ukraine amounted to £18.4 billion (approximately $21.5 billion at current exchange rates), data released on Thursday (10).

The British government claims that this amount shows “its opposition to Russia for the illegal occupation of Ukraine” and states that this amount is almost 6 billion pounds more than any other sanction program.

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Sanctions against Russia, adopted by the United Kingdom in coordination with its allies, include 1,200 people and more than 120 organizations that have frozen the assets of 19 Russian banks (…) since the beginning of the invasion, Ukraine in late February. The British Treasury said in a statement.

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“60 percent of foreign exchange reserves [de Moscou] It was frozen and Russia’s exports fell, while imports of critical goods fell 68 percent from sanctioned countries.

The British government estimated a few months ago that Russian oligarch Roman Abramovich alone has a net worth of more than 9 billion pounds (about 10.5 billion euros or dollars).

Since the start of the occupation of Ukraine on February 24, the European Union has imposed eight sanctions packages worth nearly $30 billion on Russian industrial establishments and individuals.

10.11.2022 13:08

source: Noticias

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