IoM government strengthens economic pressure on Russia

The government has confirmed it will exclude all Russian and Belarusian businesses from its Air and Ship Registries.

The Department for Enterprise is strengthening economic pressure on Russia after previously cancelling the registrations of a number of aircraft and yachts.

So far the Isle of Man has actively cancelled the registrations of 18 aircraft and two yachts, and has issued notice on a further 39 vessels with Russian connections. 

Dr Alex Allinson, Minister for Enterprise, says they will continue to talk to local industry about their exposure to Russian businesses and any impacts this may have on our Island.