Interfax-Ukraine

News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.

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UK denies most favored treatment to hundreds of goods from Russia, Belarus, bans exports of luxury goods to Russia.

The UK denies Russia and Belarus access to Most Favored Nation tariff for hundreds of their exports, imposes a 35% import duty on a number of Russian goods, including vodka, and, same as the European Union, bans exports of luxury goods to Russia, the British government said in a statement on Tuesday.

"The UK denies Russia and Belarus access to Most Favored Nation tariff for hundreds of their exports, depriving both nations key benefits of WTO membership," the statement said.

Same as the EU, London bans "exports of luxury goods to Russia alongside its G7 allies," the statement said. The ban applies to vehicles, clothes and art.

The British government also "published an initial list of goods worth GBP 900 million - including vodka - which will now face an additional 35 percent tariff, on top of current tariffs," the statement said.

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