Asked by: Viscount Waverley (Crossbench - Excepted Hereditary)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government what topics, industries and sectors they intend to prioritise through discussions in the 2023 Ukraine Recovery Conference.
Answered by Lord Ahmad of Wimbledon - Minister of State (Foreign, Commonwealth and Development Office)
The Ukraine Recovery Conference will focus on the role of the private sector in supporting recovery and reconstruction. It will provide a platform for the Government of Ukraine to set out its priority reforms, particularly in the business environment, and for international partners to signal their support and their offer to Ukraine. The conference will look at how to unblock obstacles to investment and how governments, the private sector and civil society can work together to support recovery and reconstruction efforts in the longer-term.
Asked by: Viscount Waverley (Crossbench - Excepted Hereditary)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government what assessment they have made of sanction breaking corridors or transit hubs affecting the efficacy of sanctions regimes implemented in relation to the situation in Ukraine; and if so, where these corridors or hubs are located.
Answered by Lord Ahmad of Wimbledon - Minister of State (Foreign, Commonwealth and Development Office)
In the London declaration signed with Ukraine, the Prime Minister committed to taking determined action with partners to tackle all forms of sanctions circumvention. The UK Government is working with international partners to close loopholes, combat circumvention and undermine Russia's attempts to build global resilience to sanctions. This includes working jointly with US and EU sanctions co-ordinators to raise the issue with a number of countries that may be undermining the sanctions imposed by the UK and its allies. The UK Government will continue to assess where and how third-countries may be allowing UK business to circumvent sanctions and take action accordingly.
Asked by: Viscount Waverley (Crossbench - Excepted Hereditary)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government, further to the Written Answer by Baroness Penn on 30 January (HL4895), with which government agency in Ukraine they are engaging in regards to the 2023 Ukraine Recovery Conference.
Answered by Lord Ahmad of Wimbledon - Minister of State (Foreign, Commonwealth and Development Office)
The Ukraine Recovery Conference will be a high profile event, co-chaired jointly by the Prime Minister and President Zelenskyy, aimed at building an effective and lasting economic recovery.
HMG Ministers and officials continue to have regular discussions with members of the Government of Ukraine on a variety of topics, including the Ukraine Recovery Conference 2023. We are working closely with Ukrainian partners to ensure it delivers tangible progress. Prime Minister Shmyhal's office is coordinating the input of Ukrainian ministries, including the Ministry for Communities, Territories and Infrastructure Development of Ukraine.
Asked by: Viscount Waverley (Crossbench - Excepted Hereditary)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government what consideration they have given to offering a war risk insurance plan for investors from the UK in order to facilitate (1) trade, and (2) jobs, in the reconstruction of Ukraine.
Answered by Lord Ahmad of Wimbledon - Minister of State (Foreign, Commonwealth and Development Office)
The UK is committed to helping Ukraine rebuild to emerge from the war with a modernised economy resilient to Russian threats. UK Export Finance (UKEF) is supporting the Government of Ukraine with £3.5 billion of financial capacity available for priority projects. UKEF is open to cover war and political risks in Ukraine through a number of different products to support UK exports and investors as part of reconstruction.