May 5, 2022
2 mins read

Exports to Russia banned

Government to continue to work closely with social media platforms and allies to uncover, expose, and counter the Kremlin’s disinformation operation…reports Asian Lite News

The government on Wednesday announced a ban on services exports to Russia over the ongoing conflict with Ukraine, cutting Moscow off any business with UK sectors such as management consultancy, accountancy and public relations.

Foreign Secretary Liz Truss said the latest set of measures will mean Russia’s businesses can no longer benefit from the UK’s “world class” accountancy, management consultancy, and PR services, which account for 10 per cent of Russian imports in these sectors.

“Doing business with Putin’s regime is morally bankrupt and helps fund a war machine that is causing untold suffering across Ukraine,” said Truss.

“Cutting Russia’s access to British services will put more pressure on the Kremlin and ultimately help ensure Putin fails in Ukraine,” she said.

The British government claims Russia is “heavily reliant” on Western services companies for the production and export of manufactured goods, and the new ban will further ratchet up economic pressure on Russian President Vladimir Putin.

“Our professional services exports are extraordinarily valuable to many countries, which is exactly why we’re locking Russia out. By restricting Russia’s access to our world-class management consultants, accountants and PR firms, we’re ratcheting up economic pressure on the Kremlin to change course,” said UK Business Secretary Kwasi Kwarteng.

Following the publication this week of UK-funded research exposing the Kremlin’s shadowy troll factory tactics, the UK government said it is also imposing 63 new sanctions, many of which hit actors and organisations from mainstream media organisations with asset freezes and travel bans.

The move is said to be bolstered by new legislation now in force, which means social media, internet services and app store companies must take action to block content from two of Russia’s major sources of “disinformation” RT and Sputnik.

UK Tech and Digital Economy Minister Chris Philp said: “For too long RT and Sputnik have churned out dangerous nonsense dressed up as serious news to justify Putin’s invasion of Ukraine. These outlets have already been booted off the airwaves in Britain and we’ve barred anyone from doing business with them. Now we’ve moved to pull the plug on their websites, social media accounts and apps to further stop the spread of their lies.

Among those sanctioned on Wednesday include significant individuals at Channel One, a major state-owned outlet in Russia.

The UK Foreign Office said Channel One is known for “spreading disinformation in Russia, justifying Putin’s illegal invasion as a Special Military Operation”.

The government said it will continue to work closely with social media platforms and allies to uncover, expose, and counter the Kremlin’s disinformation operation.

Alongside previous asset freezes against media outlets already in place, the UK Foreign Office said it is “systematically shutting out Putin’s propaganda machine”.

ALSO READ-Ukraine, UK sign deal on preferential trade

Previous Story

Ukraine, UK sign deal on preferential trade

Next Story

Will British Gujaratis be swayed by Boris’ Gujarat visit?

Previous Story

Ukraine, UK sign deal on preferential trade

Next Story

Will British Gujaratis be swayed by Boris’ Gujarat visit?

Latest from -Top News

Vaccine Delays Fuel Bangladesh Measles Outbreak

More than 32,000 suspected cases and over 250 deaths have been reported since mid-March, with children making up most of the fatalities….reports Asian Lite News Desk Bangladesh’s measles outbreak has intensified, with

Tsai: Stand With Taiwan, Strengthen The Indo-Pacific

The former president said stronger international partnerships would help Taiwan withstand mounting military, cyber and economic pressure while reinforcing democratic resilience….repots Asian Lite News Desk Former Taiwan President Tsai Ing-wen has called

Pakistan Knitwear Exporters Seek Relief As Costs Soar

Pakistan’s hosiery and knitwear exporters are seeking urgent government support as rising production, energy and freight costs threaten international competitiveness….reports Asian Lite News Desk Pakistan’s hosiery and knitwear export industry is facing
Go toTop

Don't Miss

London Mayor Urges PM To Continue Free Testing

“We cannot have a situation where only the well-off can

Fertility rate rises for 1st time since 2012 in UK

The ONS figures are based on birth registrations, and delays