UK Adopts More Russia Trade Restrictions
The U.K. adopted further Russian sanctions in an amendment to its restrictions that came into force July 15. The changes relate to trade in maritime goods and technology, military goods and technology with non-Russian-government controlled Ukrainian territory, defense and security goods, interception and monitoring services, banknotes, jet fuel and fuel additives, and goods that generate significant revenues for Russia.
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The amendment also revises the definitions of "critical-industry goods," "critical-industry technology," "restricted goods" and "restricted technology," and further extends the bans on trade in certain items with nongovernment-controlled Ukrainian territory. The U.K. also added more items to the banned list of oil and refining goods and created exceptions to some of the new restrictions, amending the offenses.