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Pompeo Called The British Sanctions Law A New Powerful Economic Tool

Pompeo Called The British Sanctions Law A New Powerful Economic Tool

The British law on sanctions and anti-money laundering will become a powerful new economic tool for London in the framework of joint efforts with the United States to combat human rights violations around the world, according to a written statement issued by the State Department on Monday by Secretary of state Mike Pompeo.

The UK announced on Monday that it would impose personal sanctions against 25 Russian citizens who London considers to be involved in human rights violations. The sanctions are imposed as part of the entry into force of the "Magnitsky amendment" to the law on sanctions and anti-money laundering, which was adopted by the house of Commons in may 2018 and was supposed to come into force after the UK leaves the EU.

"The United States highly appreciates the continuing global leadership role of great Britain in the promotion and protection of human rights. This sanctions regime marks the beginning of a new era for the UK's sanctions policy and cooperation between our two democratic States," said the chief of American diplomacy. He believes that the law will give the UK "a powerful new economic tool to strengthen accountability for human rights violations around the world."

"The new UK powers will complement the efforts of the United States and Canada, further strengthening our ability to act together. The United States will continue to seek additional allies and partners to jointly use all the tools at our disposal to deny access to the American and international financial systems to all those involved in serious human rights violations," Pompeo concluded.

About the Magnitsky amendment

On July 6, the Foreign Minister of the United Kingdom, Dominic Raab, announced the entry into force of the "Magnitsky amendment" to the law on sanctions and anti-money laundering. The amendment is named after Sergei Magnitsky, a lawyer at Hermitage Capital, who died in November 2009 in the Matrosskaya Tishina detention center in Moscow. According to London, the people included in the sanctions list are involved in his death.

Under the sanctions were the Chairman of the Investigative Committee of Russia Alexander Bastrykin, Deputy Prosecutor General Viktor Grin, the ex-Deputy interior Minister Alexei Anichin, as well as judges, investigators, employees of the Interior Ministry. These individuals are prohibited from entering the UK, their assets in the country, if any, will be frozen, and they are prohibited from doing business either in the country or through the mediation of subjects of the Kingdom.

The sanctions list submitted on Monday also includes 20 Saudi citizens who London considers guilty of the murder in 2018 of journalist Jamal Khashoggi in the Consulate in Istanbul, two Myanmar military leaders who, according to the British side, are involved in "systematic crimes" against the Rohingya in Myanmar, two North Korean agencies - the Ministry of people's security and the Ministry of state security of the DPRK. London accuses the latter of torture, slave labor, and murder. In total, the document lists 49 people and organizations.

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