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<p>The UK has wholly or partially sanctioned £20 billion of UK-Russia goods trade
– 96% of 2021 values. Compared to before the invasion, UK goods imports from Russia
have fallen by 99.1%, and goods exports to Russia have fallen by 80%. Additional sanctions
on services trade will further erode Russia’s ability to keep pace with Western countries.</p><p>
</p><p>Sanctions are starving Russia of advanced technologies and degrading their
military capabilities, especially as many high-precision weapons rely on Western components.</p>
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