British Foreign Minister Liz Truss said sanctions imposed on Russian individuals and companies could be lifted if Russia withdraws from Ukraine and is committed to ending the aggression, the Telegraph newspaper reported on Saturday.
Britain and other Western countries used economic sanctions to cripple the Russian economy and punish President Vladimir Putin for invading Ukraine, seeking to persuade him to abandon so -called special military operations to destroy the military and “deny” Ukraine.
In an interview with the Telegraph, Truss noted the possibility the move could end if Moscow changes course.
“What we do know is that Russia has signed various agreements that they have not complied with. So there has to be a hard lever. Of course, sanctions are hard levers,” he said.
“The blockade should not only be lifted with a complete ceasefire and withdrawal, but also a commitment that there will be no more aggressions. And also, there is a chance of getting a snapback blockade if there is further aggression in the future. That is a real lever that I think can be used. . “
The British government said so far it had imposed sanctions on banks with total assets of 500 billion pounds ($ 658.65 billion) and oligarchs and family members with a net worth of more than 150 billion pounds.
Truss also suggested that the crisis had brought Britain and the European Union closer after the relationship became severely strained following Brexit.
“One of the things I would say about this crisis is that we have worked very, very closely with the European Union,” he said.
“Of course, there are some areas where we have differences with the EU. But basically, we are all democratic countries, we all believe in the freedom and right of the people to choose their own government and we are very united in the struggle.”
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