British Prime Minister Boris Johnson has warned on Monday that finding new suppliers of hydrocarbons after the sanctions imposed on Russia for launching a military operation in Ukraine will take time for the United Kingdom.
You cannot simply stop using oil and gas overnight, even if it comes from Russia. Clearly, there has to be a transition period, the conservative ruler said at a press briefing with his Canadian and Dutch counterparts, Justin Trudeau and Mark Rutte.
Upon admitting that the decision will have an impact on the British economy, Johnson said that his Government will do everything possible to find other suppliers.
He also called on the international community to build a coalition of humanitarian, economic and military support for Ukraine, and informed that at the domestic level, he will boost the approval of a law on economic crime mainly aimed against Russian businessmen doing business in the United Kingdom.
Russia launched on February 24 what President Vladimir Putin described as a special military operation in the Ukrainian autonomous region of Donbass, after the authorities of the self-proclaimed Donetsk People’s Republic and Lugansk People’s Republic requested help to repel the aggression from the nationalist forces.
The United Kingdom, the United States, the European Union and the rest of the NATO allies immediately accused Putin of launching a full-scale invasion against the neighboring country, and implemented economic and financial sanctions against the top representatives of the Russian State and Government, and against that country’s businessmen, banks, airlines and ships.
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