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EconomyLondon has banned the import of Russian caviar and diamonds

London has banned the import of Russian caviar and diamonds

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Gaston de Persigny
Gaston de Persigny
Gaston de Persigny - Reporter at The European Times News

Britain has already imposed sanctions on luxury goods from Moscow, as well as vodka

Britain has stepped up trade sanctions against Moscow on luxury goods by banning imports and raising higher tariffs on Russian caviar, silver and diamonds in a bid to punish the Kremlin for invading Ukraine. This was announced by Reuters, citing a statement by the British International Trade Agency.

The latest sanctions will include bans on imports of silver, timber and luxury goods originating in Russia, including caviar, the British institution said.

Customs tariffs will increase by 35 percentage points for some products from Russia and Belarus, including diamonds and rubber.

Earlier, on March 15, London banned the import of some luxury goods from Russia and imposed additional duties on a number of goods from the country, including vodka, metals, fertilizers and other products.

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