UK bans products and technology exports to Russia

UK bans products and technology exports to Russia

The UK government introduces a ban on export to Russia of those products that can be used against the people of Ukraine, according to a statement published on Monday night by the UK Department for International Trade.

"The UK has also announced an export ban on products and technology that Russia could use to repress the heroic people of Ukraine. Products targeted could include interception and monitoring equipment," the document said.

The agency also announced the cancellation of tariffs and quotas on Ukrainian products. "All tariffs on goods imported from Ukraine will now be reduced to zero and all quotas will be removed under the free trade agreement, providing Ukraine economic support in their hour of need," the UK government reported.

It is noted that the decision on cutting tariffs was made in response to a request by Ukrainian President Vladimir Zelensky.

According to the document, tariff measures are part of broad UK economic support to Ukraine, including 1 bln pounds in loan guarantees. "Removing tariffs on key Ukrainian exports including barley, honey, tinned tomatoes and poultry will help Ukrainian businesses and producers when they need it most," the statement emphasized.

2965 views
Поделиться:
Print: