Russia: Sanctions
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the effectiveness of UK sanctions on Russia.
Answered by Stephen Doughty
Working with partners, our Russia sanctions are restricting Putin's war machine - degrading his military and putting grit in the system by increasing equipment costs and delays and reducing equipment quality. Sanctions have deprived Russia of over $400 billion since February 2022 - equivalent to four more years of funding for the invasion. The FCDO regularly reviews the effectiveness and impact of UK sanctions on Russia and remains committed to continuing to impose and enforce sanctions, alongside our partners, to constrain Russia's remaining sources of revenue.
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