UK Bans Services Export to Russia (IAB)

PrimeGlobal Supports Ukraine
May 6, 2022

UK Foreign Secretary Liz Truss has announced a ban on services exports to Russia, including management consulting, accounting, and public relations, applying further pressure on Putin's regime, following its invasion of Ukraine.

The new measures will restrict Russian businesses from accessing the UK's world-class accountancy, management consultancy and PR services, which account for 10% of Russian imports in these sectors.