Britain warns Russia over Ukraine: we are working on high-impact sanctions
The Economic Times reported according to Reuters, Britain warned Moscow on Thursday that it was working with Western partners on high-impact sanctions targetting Russia's financial sector should it invade Ukraine.
Foreign Secretary Liz Truss told parliament: "Any further military incursion into Ukraine would bring massive consequences, including coordinated sanctions to impose a severe cost on Russia's interests and economy."
"The UK is working with our partners on these sanctions, including high impact measures targeting the Russian financial sector and individuals."
Truss said she would visit Kyiv later this month and that the situation was reaching a crucial moment with only one way forward: for Russian President Vladimir Putin to step back from the brink.
Truss said, Britain was opposed to the Nord Stream 2 pipeline under the Baltic Sea.
Truss said: "Europe must reduce its dependence on Russian gas," adding that "Britain remains opposed to Nord Stream 2 and I'm working with allies and partners to highlight the strategic risks of this project."