On Thursday, January 6, 2022, Liz Truss, a UK foreign secretary, warned Russia over its incursion in Ukraine. She told MPs in the UK that Russia would face high-impact sanctions if it further made another military invasion in Ukraine.
The action will be taken against Russia by halting its ability to carry out financial transactions that will hit the high-level Russian elite. She remarked to directly warned Russia that if it mounts another incursion into Ukraine, then it will be excluded from Swift, a messaging network that is used by 11,000 banks in almost 200 different countries for the payments made worldwide.
Further, the allies of the United States and its Nato have continuously warned Russia, and they have a package of massive sanctions, and it is ready to get launched if Russia will again be headed toward Ukraine with the intention of invasion. They have not revealed the details in public.
Truss further mentioned,” The UK is working on these sanctions with our partners, which is also included the high-impact measures that target the financial sector of Russia and its individuals. She also enclosed that she will visit Ukraine next month.
Truss is currently coming under cross-party pressure about lax-anti-money laundering laws in the UK and lost her carefully acquired the position of Iron Lady. In her undermining image, another reason was included the failure to establish a register of the property, which is beneficial ownership in the UK or the territories of the United Kingdom.
Truss further said that a total of 25 Russian nationals had been given to the UK sanctions, and the country will make the review of this legislation.
Truss said 25 Russian nationals have been subject to UK sanctions, and the UK will continue to review this legislation.
David Lammy, the shadow foreign secretary, said that the parliament of the United Kingdom will unite to condemn the intimidation of Russia in Ukraine. He further said,” the danger is acute, and the demands of Russia are completely incompatible”.
