The UK has placed new sanctions on Russia, blocking its citizens and businesses from purchasing an array of services from British firms, over the Kremlin’s decision to annex four regions of Ukraine. The new sanctions seek to further damage Russia’s economy by hindering the country’s access to IT consultancy, architectural, engineering, accounting, and commercial legal services from UK firms.
Russia currently imports more than two-thirds (67 percent) of its services from countries that have already sanctioned the Russian Federation…UK Blocks Russia From Purchasing Array Of Services From British Firms
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