UK Imposes New Wave of Sectoral Sanctions on Russia
The U.K. on April 14 announced a new wave of sectoral sanctions on Russia following its invasion of Ukraine. The restrictions include a ban on the export of luxury goods to Russia, a prohibition on the import of iron and steel goods that are consigned from or originate in Russia and a ban on the direct or indirect acquisition of iron and steel products from Russia or located in Russia. As part of the luxury goods ban, the restrictions prohibit the supply or delivery of luxury goods from a third country to a place in Russia, the making of luxury goods available to a person connected with Russia and the making of luxury goods available for use in Russia.
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Restrictions were also placed on oil refining goods and quantum computing and advanced materials goods and technology, barring them from being exported to Russia, the Department for International Trade said. These goods also may not be provided to any individual connected with Russia for the provision of technical assistance, financial services and brokering services.