Russia: Sanctions
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will have discussions at the United Nations with his international counterparts on the potential impact of international sanctions related to the invasion of Ukraine on the Russian economy.
Answered by Stephen Doughty
Foreign, Commonwealth and Development Office Ministers and officials regularly engage with international counterparts bilaterally and at key multilateral fora, such as at the United Nations, to discuss a range of sanctions issues including the potential impact of sanctions related to Russia's full-scale invasion of Ukraine.
Such discussions cover the effect of our collective sanctions, which have deprived Russia of at least $450 billion since February 2022. They cover the global impact of Russia's war on Ukraine and challenge false and damaging narratives on impact. We use sanctions to deter and disrupt malign behaviour and demonstrate our defence of international norms. Our sanctions are designed to reduce the flow of arms and funding. They are used to support peace processes and to respond to threats to international security.
We will continue to coordinate and cooperate with our international counterparts on sanctions issues at the United Nations and in a range of other fora, particularly the G7.
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