UK says Russian sanctions could be lifted with Ukraine withdrawal | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
June 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JUNE 13, 2025
UK says Russian sanctions could be lifted with Ukraine withdrawal

World+Biz

Reuters
27 March, 2022, 04:15 pm
Last modified: 27 March, 2022, 04:18 pm

Related News

  • Withdrawing 20% SD, 2% surcharge on internet recommended: Task Force on re-strategising economy 
  • Railway running staff leaders call off strike after assurance from Adviser Fouzul
  • US, UK unveil widespread sanctions against Russia's energy sector
  • Customers of half a dozen banks struggling to withdraw deposited money
  • Tariqat Federation chairman withdraws from Ctg-2 seat, leaves it for AL candidate

UK says Russian sanctions could be lifted with Ukraine withdrawal

"Those sanctions should only come off with a full ceasefire and withdrawal, but also commitments that there will be no further aggression," said British foreign minister Liz Truss

Reuters
27 March, 2022, 04:15 pm
Last modified: 27 March, 2022, 04:18 pm
Liz Truss
Liz Truss

British foreign minister Liz Truss says sanctions imposed on Russian individuals and companies could be lifted if Russia withdraws from Ukraine and commits to end aggression, the Telegraph newspaper reported on Saturday.

Britain and other Western nations are using economic sanctions to cripple the Russian economy and punish President Vladimir Putin for invading Ukraine, seeking to press him to abandon what he calls a special military operation to demilitarise and "denazify" Ukraine.

In an interview with the Telegraph, Truss held out the possibility the measures could end if Moscow changed course.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"What we know is that Russia signed up to multiple agreements they simply don't comply with. So there needs to be hard levers. Of course, sanctions are a hard lever," she said.

"Those sanctions should only come off with a full ceasefire and withdrawal, but also commitments that there will be no further aggression. And also, there's the opportunity to have snapback sanctions if there is further aggression in future. That is a real lever that I think can be used."

The British government says it has so far imposed sanctions on banks with total assets of 500 billion pounds ($658.65 billion) and oligarchs and family members with a net worth of more than 150 billion pounds.

Truss also suggested that the crisis had brought Britain and the European Union closer after the relationship became badly strained in the wake of Brexit.

"One of the points I would make about this crisis is we have worked very, very closely with the European Union," she said.

"Of course, there are some areas with which we have differences with the EU. But fundamentally, we are all democratic nations, we all believe in freedom and the right of people to select their own governments and we are very much united in the fight."

Top News / Europe

UK sanction on Russia / withdraw / Ukraine crisis

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • BNP Acting Chairperson Tarique Rahman and Chief Adviser  Muhammad Yunus meet at Dorchester Hotel in London, UK on 13 June 2025. Photo: CA Press Wing
    'Historic' meeting between Yunus and Tarique underway at Dorchester Hotel in London
  • National Security Adviser Khalilur Rahman met with Amir Khasru Mahmud Chowdhury, a standing committee member of the BNP, at London’s Dorchester Hotel on 13 June 2025. Photo: CA Press Wing
    National Security Adviser Khalilur, BNP's Khasru hold meeting alongside Yunus-Tarique talks in London
  • Rescuers work at the scene of a damaged building in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
    Israel strikes Iran's nuclear facilities and kills military leaders, Iran retaliates with 100 drones

MOST VIEWED

  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
    Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
  • UK Prime Minister Keir Starmer, Chief Adviser Muhammad Yunus
    Disclosure of unconfirmed Yunus-Starmer meeting shows ‘diplomatic imprudence’: Analysts
  • Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom
    Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom

Related News

  • Withdrawing 20% SD, 2% surcharge on internet recommended: Task Force on re-strategising economy 
  • Railway running staff leaders call off strike after assurance from Adviser Fouzul
  • US, UK unveil widespread sanctions against Russia's energy sector
  • Customers of half a dozen banks struggling to withdraw deposited money
  • Tariqat Federation chairman withdraws from Ctg-2 seat, leaves it for AL candidate

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

1d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

2d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

4d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

6d | Bangladesh

More Videos from TBS

'Historic' meeting between Yunus and Tarique underway in London

'Historic' meeting between Yunus and Tarique underway in London

10m | TBS Today
Iran warns Israel of severe retaliation

Iran warns Israel of severe retaliation

1h | TBS World
Global oil prices soar

Global oil prices soar

1h | TBS World
What did Iran say in response to the Israeli attack?

What did Iran say in response to the Israeli attack?

2h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net