Russia: Sanctions

(asked on 15th May 2023) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what recent discussions he has had with G7 counterparts on the seizure and repurposing of Russian state assets.


Answered by
Leo Docherty Portrait
Leo Docherty
Minister of State (Ministry of Defence) (Minister for the Armed Forces)
This question was answered on 18th May 2023

We continue to work across the G7 to share expertise and experience on possible options for seizing Russian-linked assets in the UK that could be used to pay for reconstruction in Ukraine. The G7 February and April Leaders' Statement reiterated that Russia will have no access to the assets frozen or immobilised in the UK until it ends its violation of Ukraine's sovereignty and territorial integrity. International partners have also frozen a significant volume of assets but, like the UK, are yet to fully test the lawfulness of this.

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