by Ahmed Adel, Cairo-based geopolitics and political economy researcher Just under 130 British companies admitted to having violated the sanctions imposed on Russia, according to data from the UK Treasury cited by the Financial Times. This demonstrates that London’s sanctions on Russia have not worked, and rather, the sanctions are only restricting opportunities for British companies. In May 2023, a total of 127 companies in the United Kingdom admitted to having violated the sanctions imposed on Russia by the Western bloc, according to the British outlet. By admitting it, companies hope to reduce the fines their government has introduced against those who continue […]
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