Foreign Ministry: Russian companies should prepare for tougher UK sanctions after Brexit
Russian businesses should be prepared for the United Kingdom toughening sanctions after Brexit, according to Sergey Belyaev, the head of the Russian Foreign Ministry's Second European Department, APA reports citing Sputnik.
"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", Belyaev said.
The official added that Russia would maintain its position of reciprocity in the future, meaning it would respond in kind to policies its partners extended toward it.
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, he said.
Belyaev also said that Russia and the United Kingdom are working on introducing adjustments to their trade regime after London's withdrawal from the European Union, scheduled for January 31, 2020.
"We understand that there will be a need to introduce a number of adjustments into the existing regime of trade between Russia and the UK after Brexit. 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. Relevant effort is already being made," he said.
According to him, bilateral Russia-UK and Russia-EU expert consultations were held from 25-26 September at the World Trade Organisation on distributing London's and Brussels' tariff quotas after Brexit.
Apart from trade, some matters related to transport should be discussed, including commercial navigation, previously regulated by EU norms, according to the diplomat.
Putin notes importance of meeting with Lukashenko ahead of Union State treaty anniversary
President of Turkmenistan emphasizes importance of strengthening good neighborly relations with Azerbaijan
Lavrov: NATO wants to dominate not only in Euro-Atlantic region but also in Middle East
Lavrov: “Tension between NATO and Russia hasn’t reached such level after “cold war””
College building engulfed in flames, threatens to collapse in Odessa, Ukraine
Kremlin: Russia will not get involved in arms and defense spending race with NATO
US did not issue visas to delegates from Russian Federal Treasury, says Russian Embassy
Tsereteli: “Processes in Azerbaijan are encouraging”
Elections to Supreme Assembly of the Nakhchivan Autonomous Republic to be held
Azerbaijani President extends condolences to his Ukrainian counterpart
Putin-Zelensky meeting’s timeframe depends on leaders, Kremlin aide says
No consent given to importation in Azerbaijan of 50 titles of religious literature this year
Shahin Mustafayev: Volume of cargo transportations through North-South corridor increases by over 60% this year
12 killed, 91 wounded as truck container overturns in Nigeria
New composition of Supervision Board of SOFAZ approved
OSCE PA President: "Nagorno Garabagh conflict which painful for Europe, should be resolved”
Vyacheslav Koloskov: "I'm firmly sure that WADA ban will not affect football"
Iran, Turkey discuss regional, int'l topics
TAP Consortium: “Azerbaijani gas will be ready to be transported to Europe by October of next year”
Training sessions are conducted with the command staff of the Azerbaijan Army - PHOTO
Bomb explosion in Turkey killed 2, injured 7
Turkish President criticized French President
Three documents on economic cooperation signed between Azerbaijan and Russia - PHOTO
Russia banned for four years to include 2020 Olympics and 2022 World Cup
More than 16,000 candidates register for the parliamentary election in Iran
Tullow Oil CEO steps down, co scraps dividends
Road map is prepared on development of digital economy between Russia and Azerbaijan
The city, where II Caspian Economic Forum to be held, announced
Russian Minister: “Construction of bridge over Samur River will be recently completed”
Russia invested in Azerbaijan USD 4,9 bln., while Azerbaijan in Russia USD 1,2 bln. so far
Defence Minister: "Ankara still hopes to get F-35 jets from US"
Novorossiysk-Baku train starts to move from tomorrow
French Ambassador: “Azerbaijani women also suffered from Nagorno Garabagh conflict”
Death toll from Odesa college fire rises to 12
Quake in Florence area disrupts Italy's national train network
Five people die in New Zealand volcano eruption - UPDATED - 1
UAPFP to participate in early parliamentary election
Observation of elections to Azerbaijani's Milli Majlis to be discussed at PACE's Bureau meeting
Turkey deports 11 French citizens over ISIS links
Jeyhun Bayramov: "Admission to higher education institutions to be conducted on basis of new classification beginning from next academic year”
At least 8 soldiers killed in suicide bomb blast in Southern Afghanistan
New regulation of IMO increases demand for Azerbaijani oil on world market
President Ilham Aliyev receives delegation led by Russian minister of economic development
Finnish minister Sanna Marin, 34, to become world's youngest PM
Initial draft report on Azerbaijan of Monitoring Committee to be discussed at PACE committees
Iran-Pakistan conduct joint border patrolling
Six wounded as four rockets hit military base near Baghdad International Airport
Automobile of Advisor to Iraqi Ambassador caught fire in Baku
Venue next meeting on legal status of the Caspian Sea changed
Khalaf Khalafov: "Some discrepancy exists between Azerbaijan and Georgia regarding border delimitation"
Normandy format summit to take place in Paris after six years break
Khalaf Khalafov: "Demarcation process between Azerbaijan and Russia will end in 2-3 years"
Zarif in Turkey to partake in Heart of Asia-Istanbul confab
Pompeo to meet with Lavrov on December 10
Gas prices decrease on world markets
MoD: Armenia violated ceasefire 22 times throughout the day
4 members of a family poisoned from carbon monoxide in Azerbaijan’s Ganja, one of them died
Cadets of the Azerbaijan Military Academy started field training - VIDEO
Azerbaijani Defense Minister got acquainted with construction work in military units in the frontline zone - VIDEO
Defense Minister of Azerbaijan inspected combat readiness of artillerymen in the frontline zone - VIDEO
Stoltenberg holds news conference after NATO summit - LIVE
First Vice-President Mehriban Aliyeva attended opening ceremony of rebuilt Azerbaijan pavilion at Exhibition of Achievements of National Economy in Moscow - UPDATED
Open Doors Day and the military oath-taking ceremony were held on the occasion of the State Flag Day
An exhibition that also presents President Ilham Aliyev's photo opened in Moscow
Azerbaijani President and first lady inaugurated Koroglu Transport Exchange Center of Baku Transport Agency - UPDATED
Mariya Stadnik secures World Champion title after 10 years - PHOTOSESSİON
Azerbaijan presents its position regarding the peaceful settlement of Nagorno Garabagh conflict in Bratislava
SOCAR’s new Vice-President appointed
Explosion at Sudan factory kills 24, injures dozens - UPDATED