Britain will provide intel to Cyprus to help fight Russia's sanctions evasion
Britain will provide intelligence to a newly formed unit in Cyprus tasked with preventing Russia evade international sanctions
NICOSIA, Cyprus (AP) — Britain will provide intelligence to a newly formed unit in Cyprus tasked with preventing Russia evade international sanctions, according to an agreement Tuesday following talks between visiting British Prime Minister Keir Starmer and his Cypriot counterpart.
Starmer met with Cypriot President Nikos Christodoulides in what was the first visit in 53 years by a U.K. prime minister to the former British colony.
A statement later said that Britain’s offices dealing with sanctions will share information with the Cypriot Ministry of Finance “to disrupt and intercept the flow of illicit finance through Europe to ensure the effectiveness of sanctions on (Vladimir) Putin’s war machine.”
The Cyprus’ unit will probe Russia's sanctions evasion and track funds being moved across Europe, according to the statement.