UK to ban Russian diamonds in Ukraine war sanctions
BBC
23-05-18 22:48
The UK is to ban Russian diamond imports as part of its latest sanctions targeting Russia in response to their invasion of Ukraine. The new legislation will also block imports of Russian-origin nickel, copper, and aluminium. President Putin and 86 more people and companies connected to him are also set to be targeted by the sanctions, including those who are "actively undermining the impact of existing sanctions". The Russian diamond industry is worth $4bn in UK exports and the sanctions follow similar moves by the US and EU. The UK has targeted over 1,500 entities and individuals and frozen more than £18bn of assets since Russia's attack on Ukraine.