UK introduces export ban for Russia and cuts tariffs on all goods from Ukraine

·1-min read
A Ukrainian serviceman walks amid the rubble of a building heavily damaged by multiple Russian bombardments near a frontline in Kharkiv, Ukraine (Felipe Dana/AP) (AP)
A Ukrainian serviceman walks amid the rubble of a building heavily damaged by multiple Russian bombardments near a frontline in Kharkiv, Ukraine (Felipe Dana/AP) (AP)

The UK has introduced new trade measures including a cut to all tariffs on goods coming from Ukraine.

In an announcement on Monday evening, the Government also included an export ban on goods moving to Russia, which may do harm to the people of Ukraine. This ban will target goods such as interception and monitoring equipment.

International Trade Secretary Anne-Marie Trevelyan said: “The UK will continue to do everything in its power to support Ukraine’s fight against Putin’s brutal and unprovoked invasion and help ensure the long-term security and prosperity of Ukraine and its people.

“We stand unwaveringly with Ukraine in this ongoing fight and will work to ensure Ukraine survives and thrives as a free and sovereign nation.”

The UK’s announcement comes following a direct request from President Volodymyr Zelensky’s government to liberalise tariffs, helping key Ukrainian exports including, barley, honey, tinned tomatoes and poultry.

The tariff liberalisation will be for an initial period of 12 months but that could be extended.

This comes as approximately 15,000 Russian troops have been killed in Ukraine since Vladimir Putin ordered his invasion, Britain’s Defence Secretary Ben Wallace said on Monday.

“It’s our assessment that approximately 15,000 Russian personnel have been killed during their offensive,” Mr Wallace told the Commons.

As Mr Putin’s prepares to now step up attacks in the Donbas in eastern Ukraine, the Defence Secretary emphasised the urgency that the West provides Ukrainian president Volodymyr Zelensky’s government with the weapons it needs for its military to fight back.

Britain has already supplied more than 5,000 anti-tank missiles to Ukraine , five air defence systems, with more than 100 missiles, 1,360 anti-structural munitions, 4.5 tonnes of plastic explosives, as well as the Starstreak high velocity and low velocity anti-air missiles.

The UK had also pledged 120 armoured vehicles, sourced anti-ship missiles, and high tech loitering munitions for precision strikes.

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