Britain to ban imports of silver, caviar and wood products from Russia

The UK will no longer be able to import silver and high-quality products, including caviar.The British government expressed hope for "economic pain" due to the measures taken and the reduction in funding for the "war machine"

The UK authorities will expand the list of goods prohibited for import from RUSSIA, it will include silver, wood products and high-quality products, including caviar. This was announced by the Minister of International Trade Anne-Marie Trevelyan and Chancellor of the Exchequer Rishi Sunak, according to the website of the British government.

In addition, London will increase tariffs by 35% on imports from Russia and Belarus of goods worth about 130 million pounds ($170 million), including diamonds and rubber.

“We are taking every opportunity to increase pressure to isolate the Russian economy, and these further measures will tighten the screws, cutting off lucrative ways to finance the war machine,” Trevelyan said.

Sunak, in turn, expressed confidence that these measures will bring "economic pain" to the Russian authorities. Total import tariffs and bans on Russian goods will exceed £1bn ($1.3bn), he said.

The Central Bank warned of a decrease in the volume of Russian imports and exports Economics

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Earlier on April 21, the heads of the financial departments of the G7 countries (Great Britain, Germany, Italy, CANADA, France, Japan and the United States ) issued a joint statement following the meeting, stating that the sanctions imposed against Russia are designed to minimize harm to third countries and the global economy. They noted that humanitarian essentials and agricultural products were excluded from the restrictive measures against Moscow, which made it possible to ensure access to food, medicines and medical equipment.

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According to Russian President Vladimir Putin, there is no reason to expect a change in the sanctions policy of other countries against Russia. Russian State Duma Speaker Vyacheslav Volodin expressed confidence that Western countries will have to compensate for the damage that their sanctions have caused to the Russian economy.

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