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Britain targets illegal gold trade – UNIAN
The Russian Federation uses the illegal gold trade to launder money and evade sanctions, the British Foreign Office noted.
Western sanctions against the Russian Federation are not working well, but they continue to be expanded. On Monday, December 9, Britain announced a new wave of sanctions aimed at the illegal gold trade, which finances Russian President Vladimir Putin's military actions in Ukraine and fuels corruption, writes Reuters.
It is noted that the British government has frozen the assets of four people involved in gold smuggling. Another man is sanctioned for purchasing more than $300 million in Russian gold, providing income to the Russian government.
“Illegal gold is an attack on the legitimate trade in valuable…
