Sunday, November 23, 2025
6.9 C
Srinagar

UK announces ban on Russian diamonds in fresh round of sanctions ahead of G7

London, May 19 :In a fresh round of sanctions, the UK has announced a ban on Russian diamonds, alongside the military-industrial complex and metals amid the ongoing Ukraine war.

An industry worth USD4 billion in exports in 2021, the ban on diamonds comes amid the ongoing Russia-Ukraine war. The ban has also been announced on imports of Russian-origin copper, aluminium and nickel, the UK government said in a statement on Thursday. Along with these trade sanctions, the UK is also preparing to target an additional 86 members of Putin’s military-industrial complex as well as those engaged in vital industries including energy, metals, and shipping, the statement said.

As the UK continues to engage with G7 allies to address all types of sanctions circumvention, they also include those who actively help the Kremlin in its efforts to weaken the impact of current sanctions, it said.

As he meets with G7 leaders in Hiroshima, Prime Minister Rishi Sunak will also issue a warning against complacency in preserving “our ideals and against despotic governments,” the UK government said.

Hot this week

Locals Term E-Rickshaw Ban ‘Irrational and Anti-Poor’, Question Government Logic

 Srinagar, Nov 22,: The decision of the Regional Transport...

Every possible measure taken to ensure peace in Srinagar: IG CRPF

Srinagar, Nov 22: Inspector General of CRPF, P K...

Low Open Merit Share in NEET-PG 2025 Triggers Concern in J&K, Only 38 Percent Unreserved Seats in MD/MS Courses

Srinagar, Nov 22,: The newly issued tentative seat matrix...

Mentally unsound man’s body found outside Sgr’s SMHS Hospital,Police Seek Help for Identification

Srinagar, Nov 22: An unidentified man was found dead...

Police Register Case After Recovering Illegally Stored Petroleum Products

Awantipora, Nov 22,: Police in Awantipora on Saturday seized...

Topics

spot_img

Related Articles

Popular Categories

spot_imgspot_img