UK backtracks on sanctions against Tinkov and Shvidler — RT Business News


Britain has lifted travel bans that threatened to detain businessmen’s yachts and planes

The UK has amended sanctions on Russian billionaire Oleg Tinkov and Roman Abramovich’s partner, Millhouse CEO Eugene Shvidler, lifting travel restrictions that threatened to hold up businessmen’s yachts and planes, according to an updated sanctions list.

Britain enforced the restrictions against the two men on Thursday, freezing their UK-held assets and banning yachts, ships and aircraft owned, operated, controlled or chartered by the businessmen from entering ports , to fly over the country’s airspace or to land at its airports. These restrictions are now lifted.

This is the first time that London has decided to remove its own restrictions, which were introduced against Russian individuals as part of Moscow’s operation in Ukraine.

An expansive anti-Russia sanctions list released this week added 59 individuals and entities, including Sberbank chief German Gref, chief Russian defense exporter Rosoboronexport Alexander Mikheev, Deputy Prime Minister Yury Trutnev and others. personalities, accused of having facilitated the Russian operation. in Ukraine.

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