Asked by: Drew Hendry (Scottish National Party - Inverness, Nairn, Badenoch and Strathspey)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, whether she has made a recent estimate of the amount of (a) gold and (b) diamonds originating from Russia which has entered the UK as components of items of jewellery that have been produced in other countries.
Answered by Andrew Griffith - Shadow Secretary of State for Business and Trade
The Department for International Trade does not collect data on components used in the production of finished goods imported from partner countries.
Asked by: Drew Hendry (Scottish National Party - Inverness, Nairn, Badenoch and Strathspey)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment her Department has made of the potential merits of introducing a complete ban on all new UK commercial investment in Russia.
Answered by Mike Freer
On 6 April 2022, HM Government announced a ban on all new outward investment to Russia. UK investment in Russia was worth over £11 billion in 2020. This ban will be another major hit to the Russian economy and further limit their future capabilities.