Russian Foreign Ministry: Russia to face tougher sanctions after Brexit
Russian businesses should be prepared for the United Kingdom toughening sanctions after Brexit, head of the Russian Foreign Ministry's Second European Department Sergey Belyaev said.
"We would like to alert representatives of Russian businesses to statements made by UK officials about London's intentions to coordinate its sanctions policy toward Russia after Brexit with the EU and with the US, and that there will be tougher sanctions. This is something [business owners] should prepare for," Sputnik cited Belyaev as saying.
According to him, toughening sanctions against Russia could also potentially cause a chain reaction of investors leaving the UK, which could undermine London's position as an international financial hub.
"Obviously, if we want to approach the matter seriously, we and the British should sit down and study, at the expert-level, what consequences Brexit will have for our economic relations," Belyaev stressed.