Chancellor Rishi Sunak said the UK's sanctions against Russia would cause significant damage to Vladimir Putin's war effort.
Britain has announced fresh sanctions targeting £1.7bn worth of trade with Russia in a bid to"further weaken Putin's war machine".
The measures, announced by Chancellor Rishi Sunak and Trade Secretary Anne-Marie Trevelyan, mean that the total value of products subject to full or partial import or export sanctions since theBritain is increasing tariffs on goods such as platinum and palladium, both of which Russia is a leading producer, by 35 percentage points.
Mr Sunak said:"Putin's illegal invasion of Ukraine is causing suffering on an enormous scale. His barbaric war must be stopped."Russian caviar and diamonds hit with sanctions It is the third wave of trade sanctions announced by the UK and means that, excluding gold and energy, the proportion of goods imports from Russia hit by restrictions will rise to more than 96%.The government said more than 60% of goods exports to Russia would now be under whole or partial restrictions.
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