The British government says the sanctions target "key sources of Russian income."

“Together we will not retreat in the face of tyranny.

We will continue to support Ukraine in its struggle for democracy as long as it takes,” said British Foreign Secretary David Cameron.

The list of sanctions now includes Arctic LNG 2, members of the board of Alrosa, Chairman of the Board of Directors of Mechel PJSC Igor Zyuzin and others.

On February 21, the Russian State Duma adopted a law denouncing the 1956 agreement that allowed sailors from Great Britain to fish in the Russian zone of the Barents Sea.