Published: July 31, 2023 2:33 pm
Author: RT
Some British manufacturers have reportedly continued exporting equipment for the fossil fuel and mining industries
British manufacturers have been supplying Russia with key industrial equipment despite Western sanctions, The Times reported on Monday, citing statistics from investigative group Data Desk.
The outlet’s analysis of trade data showed that despite the British government’s claims to have implemented the “most severe economic sanctions ever imposed on a major economy,” UK companies have still been permitted to export equipment important for Russia’s fuel and mining industries.
Export data showed that a subsidiary of construction company Hill & Smith continues to supply pipes that are installed on gas pipelines in Russia. Hill & Smith said last year it had “no direct customers or suppliers” in Russia, the report noted.
Many other companies based in the UK are also allowed to supply Russia with equipment for key areas of the mineral extraction industry, The Times wrote.
READ MORE: Russian mining giant to delist from London
Following the start of the conflict in Ukraine, the UK stepped up sanctions against Russia, banning new investment in the country and restricting imports of Russian oil, coal, and gold, and exports of key industrial goods, among other measures. London has also frozen £26 billion ($33.4 billion) in assets and reserves belonging to the Russian state since the beginning of the conflict, according to the Bank of Russia.
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