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5/9, 12:54 AM (Source: TeleTrader)
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UK expands sanctions on Russia, Belarus

The United Kingdom announced it will expand punitive measures against Russia and Belarus with new tariffs on platinum and palladium imports, the UK Department for International Trade announced.

The measures are included under a new package of sanctions brought forward by London in an attempt to pressure Moscow to cease its military activities in Ukraine, according to the announcement.

The sanctions package is worth £1.7 billion and includes £1.4 billion of import tariffs on Russian precious metals.

Baha Breaking News (BBN) / NL