Beale & Co – UK SANCTIONS ON RUSSIA: WHAT DO THEY MEAN FOR CONSTRUCTION AND ENGINEERING BUSINESSES?

Vladimir Putin announced on 21 January 2022 the Kremlin’s recognition of the two breakaway territories in Eastern Ukraine, along with orders for Russian troops to occupy the two territories in a “peacekeeper” capacity. Many observers view these moves as a precursor to a wider invasion of Ukraine.

Western nations promptly announced plans moved swiftly to impose punitive sanctions against several Russian entities with important strategic connections to the regime.