To ask the Secretary of State for Business and Trade, with reference to paragraph 2.7 of the Office of Financial Sanctions guidance entitled UK Maritime Services Ban and Oil Price Cap, published June 2023, if she will monitor the amount of refined oil products entering the UK that have undergone a change in origin from the Russian Federation to another country determined based on substantial processing in a jurisdiction other than the Russian Federation; if she will make it her policy to amend the rules to disallow a change of origin of fuel products originating in the Russian Federation following substantial processing elsewhere; and if she will make a statement.
Answered on
23 October 2023
UK sanctions have curtailed Russian goods imports by 99%, compared to prior to the invasion of Ukraine.
The Government is committed to ensuring that third countries are not used by Russia to evade sanctions. The UK has taken a leading role in coordinating international efforts to counter Russia’s actions in Ukraine. This includes working together with international partners to tackle circumvention and ensure sanctions have maximum impact.
The Government continues to monitor the effectiveness of our sanctions. The Government does not comment on future sanctions measures, as to do so would reduce their impact.