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Russia: Sanctions

Asked by Alicia KearnsConservativeForeign, Commonwealth and Development OfficeTabled Answered 7 November 2024UIN 12301

The question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will place sanctions on the (a) Montenegro based company International Business Corporation Bar and (b) Serbia based company Ventrade DOO for supplying Russia with advanced technology and equipment for its invasion of Ukraine.

Answered by Stephen Doughty

The UK remains steadfast in our support to Ukraine. Together with our international partners, we have implemented the most severe package of sanctions ever imposed on a major economy. The UK alone has sanctioned more than 2,000 individuals and entities under the Russia sanctions regime. Whilst we do not comment on future or individual designations, the Foreign Secretary underlined the importance of tackling third-country support to Russia's military-industrial complex at the EU Foreign Affairs Council on 22 October. I [Minister Doughty] regularly raise third-country circumvention and the Common High Priority Items list with counterparts. We have sanctioned several entities in third countries involved in supporting Russia's war machine.

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