Finance
Russia says latest UK sanctions 'illegitimate'
Published by Global Banking and Finance Review
Posted on February 25, 2025
1 min readLast updated: January 25, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on February 25, 2025
1 min readLast updated: January 25, 2026
The UK has imposed its largest sanctions package on Russia since the Ukraine war began, which Russia's London embassy calls 'illegitimate'.
LONDON (Reuters) - Russia's embassy in London said Britain's new package of sanctions against Russia over its invasion of Ukraine was "illegitimate" and many of those targeted had no connection to the conflict.
Britain on Monday announced what it said was its largest package of sanctions against Russia since the early days of the war in Ukraine, including companies worldwide that supply components used by the Russian military.
The Russian embassy called the measures "futile" in a statement posted on Facebook said on Tuesday.
"The moment chosen by London to whip up the sanctions hysteria is quite symbolic — at a delicate time when the foundations of the future Ukraine settlement process are being shaped in line with the Russia-US agreements," the statement said.
Britain's sanctions package, timed to mark the third anniversary of the Russian invasion, also targeted North Korea's defence minister No Kwang Chol over the deployment of North Korean forces in Russia, and Kyrgyzstan-based Keremet Bank.
(Reporting by Sachin Ravikumar; editing by Sarah Young)
The main topic is the UK's latest sanctions on Russia, which the Russian embassy in London has criticized as 'illegitimate'.
The sanctions also target North Korea's defense minister and Kyrgyzstan-based Keremet Bank.
The sanctions were imposed as part of the UK's response to Russia's invasion of Ukraine, marking the third anniversary of the conflict.
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