UK suspends financial cooperation with Russia – Belgium

UK suspends financial cooperation with Russia - Belgium

(Belgium) The United Kingdom suspends the exchange and exchange of tax information with Russia and Belarus. The decision comes on the heels of sanctions imposed by Western countries after the Russian invasion of Ukraine.

She added in a press release that the measures were aimed at ensuring that the UK was not providing “information to the Putin regime that could lead to an increase in Russia’s revenue or tax returns”. The procedure goes into effect today. London describes the decision as “one of the myriad financial measures” it is taking to prop up Ukraine and cause economic problems for the Kremlin. The country announced a series of sanctions on Tuesday. (Belgium)

She added in a press release that the measures were aimed at ensuring that the UK was not providing “information to the Putin regime that could lead to an increase in Russia’s revenue or tax returns”. The procedure goes into effect today. London describes the decision as “one of the myriad financial measures” it is taking to prop up Ukraine and cause economic problems for the Kremlin. The country announced a series of sanctions on Tuesday. (Belgium)

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