Britain has announced new sanctions against Russia aimed at advanced military technologies and imports of diamonds to cut Moscow's "sources of income."
The sanctions, posted on the website of the British government on May 19, targeted 86 Russian citizens and legal entities.
Among them are companies connected to the theft of Ukrainian grain, the development of military technologies, the supply of Russian energy carriers, as well as banks.
Restrictive measures have been introduced against 24 Russians and companies related to transport services.
The list includes Powell Shipping Co. and the State Grain Corporation, which the British authorities accuse of "systematic embezzlement of Ukrainian grain."
Six Russian shipping companies affiliated to Russia's largest commercial company, Sovcomflot, were also included in the sanctions.
The fresh sanctions represent "a crackdown on the shady individuals and entities connected to the theft and resale of Ukrainian grain, as well as targeting Russia's major energy and arms shipping companies."
"Companies connected to Rosatom, which are producing advanced materials and technology, including lasers, have also been sanctioned," the statement said.
"The designations come after the Prime Minister Rishi Sunak announced new import bans on Russian diamonds and metals at the G7 in Japan," the statement added.
Ahead of the start of the Group of Seven summit in Hiroshima, Japan, Sunak said it would introduce "a ban on Russian diamonds," copper, aluminum, and nickel.
Diamonds are an important source of revenue for Russia, believed to be worth $4 billion-$5 billion annually.
Five banks were also put on the sanctions list, including JSC Dom RF, "which acts under the instruction of the Russian government," and Metallurgical Investment Bank, a financial institution that is supporting Russia’s industrial exports, the statement said.
