Further sanctions will be imposed in case of full-scale aggression.
Prime Minister Great Britain, Boris Johnson announced the imposition of sanctions against five Russian banks, as well as Russian oligarchs Gennady Timchenko, Boris and Igor Rotenberg, reports the Chronicle.info with reference to New Time.
During a speech in the House of Commons Johnson said that Russian banks Russia, IS Bank, General Bank, Promsvyazbank and Chernomorsky Bank will fall under the sanctions.
Gennady Timchenko, Boris and Igor Rotenberg will also be subject to sanctions.
Johnson said that any assets they own in the UK will be frozen, they will be banned from entering Britain, and all British individuals and entities will be banned from doing business with them.
The British Prime Minister stressed that this is only the «first tranche» of sanctions that its ruler The government is ready to impose and other restrictions may be introduced if necessary.
Johnson added that the UK will continue to seek a diplomatic solution until the last moment, but there is a chance that Russian President Vladimir Putin is ready to go next.
“If the worst happens, then a European country of 44 million men, women and children will become the target of a full-scale aggressive war waged without any justification,” he said.