Nia Griffith
Main Page: Nia Griffith (Labour - Llanelli)Department Debates - View all Nia Griffith's debates with the Foreign, Commonwealth & Development Office
(1 day, 22 hours ago)
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Dame Nia Griffith (Llanelli) (Lab)
It was great to see the Secretary of State out in Ukraine; I know it was very much appreciated by our Ukrainian colleagues. She will be well aware that foreign investment is absolutely vital to the economy and to the reconstruction of Ukraine. What talks has she had with ministerial colleagues and others about schemes such as the one suggested by the British Ukrainian Chamber of Commerce, which proposes using frozen Russian assets and/or western Government guarantees administered by the World Bank to provide greater availability of risk insurance for British investors in Ukraine?
Yvette Cooper
My hon. Friend is right that we need to look at different, innovative ways of providing the financial support, and the commitment and investment, that Ukraine will need. Obviously, there are immediate issues around defence equipment and support, including support for the energy infrastructure that we are providing, but there will also be issues around longer-term investment and we should look at innovative ways to support that.