The government has lifted all tariffs on goods from Ukraine, part of broad UK economic support, including £1bn in loan guarantees.
Imposed on Russia is a new export ban on products and technology that “could be used to repress the people of Ukraine”. That “could include interception and monitoring equipment”. Import bans have been imposed on silver, wood products and high-end products from Russia such as caviar.
The UK will also increase tariffs on around £130m worth of products from Russia and Belarus, including diamonds and rubber.
Press releases here:
https://www.gov.uk/government/news/uk-announces-new-trade-measures-to-support-ukraine
https://www.gov.uk/government/news/uk-announces-further-import-sanctions-against-russia
DIT’s Export Support Service is taking firms’ queries: https://www.gov.uk/ask-export-support-team or by phone on 0300 303 8955.
The full list of sanctions is available here, and you can read the guidance to assist in the implementation of, and compliance with these sanctions here.
We welcome comment and feedback from members on issues arising from the war in Ukraine.