The prime minister said that Russian President Vladimir Putin has “completely violated international law” with his actions in Ukraine and there will now be “an immediate package of economic sanctions.”
He added: “I’m afraid everything indicates that President Putin is indeed set on a full-scale invasion of Ukraine, the takeover, the subjugation of an independent, sovereign European country, and I think, let’s be absolutely clear, that this would be absolutely catastrophic.”
Conflict in Ukraine: Boris Johnson holds emergency meeting in response to crisis as…
Russian President Vladimir Putin ordered the deployment of troops to two rebel-held regions in eastern Ukraine, recognizing them as independent states.
Footage released at night shows Russian military equipment heading towards the border with Ukraine.
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Last update: Tuesday, February 22, 2022, 08:59
Boris Johnson said that in 2014, when Crimea was annexed, he failed to stand up to Russia.
“We must admit that we were not tough enough and, as a result, did not do enough, like the Europeans, to wean ourselves from Russian hydrocarbons, from Russian oil and gas,” the prime minister said.
According to him, the instability of gas prices in Europe was “a consequence of this failure.”
“We have to make sure we cut the navel, we cut the drip feed into our blood from Nord Stream.
The prime minister added that Russian President Vladimir Putin had “bluntly miscalculated” the situation, saying: “He believes that Ukraine has no real right to exist as a sovereign, independent state.”
Boris Johnson said the UK sanctions would hit “the economic interests that supported the Russian war machine”.
Speaking after a meeting of the Cobra emergency committee, the prime minister said: “They will hit Russia very hard, and in the event of an invasion, we are going to do much more.
“Don’t hesitate, if Russian companies are not allowed to raise capital in the UK financial markets, if we take off the facade of Russian ownership of companies, ownership, it will start to hurt.”
Boris Johnson said Britain’s “first round of economic sanctions against Russia” would be revealed today as he warned that Vladimir Putin is set on a “full-scale invasion of Ukraine”.
After holding an emergency Cobra meeting, the prime minister said: “I have to stress only the first flurry of UK economic sanctions against Russia because we expect, I fear, that Russia will behave even more irrationally.
“I’m afraid everything indicates that President Putin is indeed set on a full-scale invasion of Ukraine, the takeover, the subjugation of an independent, sovereign European country, and I think, let’s be absolutely clear, that this will be absolutely disastrous. “.