UK Prepared to Suffer Economic Sacrifices to Support Ukraine: Foreign Secretary

UK Prepared to Suffer Economic Sacrifices to Support Ukraine: Foreign Secretary
British Foreign Secretary Liz Truss during a panel discussion at the 58th Munich Security Conference in Munich, Germany, on Feb. 19, 2022. Ronald Wittek - Pool/Getty Images
Alexander Zhang
Updated:

Britain is “prepared to suffer economic sacrifices” to support Ukraine in its effort to resist Russian aggression, UK Foreign Secretary Liz Truss has said.

Addressing the House of Commons on Feb. 28, Truss said that all Russian banks will be hit with a full asset freeze within days as she announced new powers to limit them from clearing payments in sterling, which will initially target the nation’s largest bank, Sberbank.