New sanctions ban every item Russia is using on the battlefield

Foreign Secretary James Cleverly has today (24 February) announced a new package of internationally co-ordinated sanctions and trade measures, including export bans on every item Russia has been found using on the battlefield to date. Included in the hundreds of goods are aircraft parts, radio equipment, and electronic components that can be used by the Russian military industrial complex, including in the production of UAVs.

Also sanctioned today are senior executives at Russian state-owned nuclear power company Rosatom, plus executives from Russia’s two largest defence companies, four banks, and other Russian elites. Rosatom has deep connections to the Russian military-industrial complex - including through Alexander Novak who is both a member of the supervisory board and the Deputy Prime Minister in Putin’s administration.

Four banks, including MTS, are also being sanctioned as part of today’s package. This will further isolate Russia from the international financial system and help the UK and partners to prevent circumvention.

Today’s designations also target the individuals and entities at the heart of Putin’s military-industrial complex, including:

34 executives connected to Russia’s two largest defence companies Rostec, Russia’s multibillion state owned defence conglomerate, and Almaz-Antey Corporation, a state owned Russian company specialising in producing surface to air missiles and firearms for aircrafts.

6 Russian entities involved in the manufacture or repair of military equipment for Russia’s armed forces, including aviation and navy

5 senior Iranian executives in Qods Aviation Industry, the company manufacturing the drones used in Ukraine, which demonstrates our commitment to continue to pressure third countries supplying Russia’s military.

Source: GOV.UK