October 18, 2022
1 min read

US, UK agree to bolster co-operation on Russia sanctions

“Over time, we expect to realize the benefits of our collaboration not only in relation to the sanctions imposed in response to Russia’s invasion,” said Andrea Gacki…reports Asian Lite News

The United States and Britain will further their cooperation on sanctions against Russia over its invasion of Ukraine as well as on other targets, top financial officials for the two allied nations said in a joint statement on Monday.

“Over time, we expect to realize the benefits of our collaboration not only in relation to the sanctions imposed in response to Russia’s invasion of Ukraine, but also across other common sanctions regimes,” Andrea Gacki, the head of the U.S. Treasury Department’s Office of Foreign Assets Control, and Giles Thomson, the head of Britain’s Office of Financial Sanctions Implementation, wrote.

‘Russia facing logistical issues’

Logistical issues faced by Russian forces in southern Ukraine have become more acute following damage to a key bridge to Crimea on Oct. 8, a British intelligence update said on Monday.

“With the Russian presence in Kherson strained, and the supply routes through Crimea degraded, the ground line of communication through Zaporizhzhia Oblast is becoming more important to the sustainability of Russia’s occupation,” the UK Ministry of Defence tweeted in a regular bulletin.

Russian forces in southern Ukraine are likely increasing logistical supply flow via Mariupol in an attempt to compensate for the reduced capacity of the bridge, the update said.

ALSO READ: Is Central Asia rethinking its ties with Russia?

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