There is no guarantee sanctioned oligarch Roman Abramovich can return to the UK – and further sanctions will be imposed, the foreign secretary has said.
Chelsea FC owner Mr Abramovich was in Israel, where he has a nationality, and flew to Moscow via Istanbul on Tuesday after being sanctioned by the UK last week.
Liz Truss told Sky News that the Kay Burley oligarchs had been sanctioned because of Russia’s invasion and that Vladimir Putin must withdraw his troops from Ukraine and end his threats against the country.
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Asked if that meant Mr Abramovich could return to the UK once Russian troops withdrew, she said: “No, I didn’t say that.
“Because I’m saying that even if the war were to end – and I’m afraid we’re not near the end, at this point – enormous devastation has been caused, lives have been lost because of this war.
“And it will take a reckoning with everyone who supported Putin, including Abramovich.”
The Foreign Secretary added that it was important to work “with our allies across the G7 and beyond” as many oligarchs fled the UK and other countries and moved their superyachts and private jets.
“So there’s just nowhere for these oligarchs to hide, there’s nowhere it’s legitimate for them to live their way of life, to have their yachts or their planes,” he said. she declared.
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Ms Truss also said the sanctions were working to cut off those who ‘fund Russia’s war machine’, but more needed to be done as she confirmed the UK would impose further sanctions on individuals and businesses .
Ms Truss warned: ‘There will be more sanctions to come.’
She said the UK and allies such as the US had cut off some Russian banks from the SWIFT messaging system, but added: “We want to see a complete freeze of SWIFT.”
Ms Truss called on the EU to sanction more Russian banks, as it only sanctioned three while the UK and US sanctioned 10.
She added: “We want to see a complete elimination of dependence on Russian oil and gas.”
On Tuesday, the UK banned luxury goods exports to Russia and raised import duties on key Russian goods such as vodka, metals, grains and other goods by 35 percentage points. basic.
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The United Kingdom has also placed sanctions against 370 other Russian and Belarusian people and entities on Tuesday, bringing the total number of people sanctioned since the invasion of Ukraine to more than 1,000.
Russian oil imports will also be stopped by the end of 2022, the UK government announced last week.
Prime Minister Boris Johnson is in the United Arab Emirates today before traveling to Saudi Arabia to persuade their leaders to increase their own oil and gas production.
He said it would allow the West to wean itself off Russian supplies and thus deal an additional financial blow to Moscow.
Speaking on Wednesday morning at the Emirates Palace Hotel in Abu Dhabi, the Prime Minister said: “When we look at the dependence that the West, in particular, has accumulated on Putin’s hydrocarbons, oil and Putin’s gas, we can see how wrong that is because he was able to blackmail the West and hold Western economies to ransom – we need independence.”
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