U.K. Foreign Secretary Elizabeth Truss announced the new space export sanctions on Russia last Wednesday (March 9) alongside deeper sanctions related to aviation, including new powers to detain Russian aircraft. The space-related sanctions feature a “ban on the export of aviation and space-related goods and technology, including technical assistance,” according to a statement.
Banning Russian flagged planes from the UK and making it a criminal offence to fly them will inflict more economic pain on Russia and those close to the Kremlin.
The space export ban includes all related services, including insurance or reinsurance services, U.K. officials said. “This means cover is withdrawn on existing policies and UK insurers and reinsurers will be unable to pay claims in respect of existing policies in these sectors,” wrote in the statement.
The ban includes any aircraft owned, operated or chartered by anyone connected with Russia or designated individuals or entities, and will include the power to detain any aircraft owned by persons connected with Russia.
U.K.’s new trade sanctions are designed to tighten the already severe economic sanctions levied against Russia by many countries after President Vladimir Putin ordered the invasion of Ukraine on Feb. 24. They join harsh sanctions by the United States that President Joseph Biden has said would degrade the Russian space program.
We will continue to support Ukraine diplomatically, economically and defensively in the face of Putin’s illegal invasion, and work to isolate Russia on the international stage.
Additional trade measures, also introduced today, will prevent UK exports of aviation or space-related items and technology to Russia, including related services such as insurance and reinsurance services. This means cover is withdrawn on existing policies and UK insurers and reinsurers will be unable to pay claims in respect of existing policies in these sectors.