Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will take steps to bring forward legislative proposals to allow Russian state assets held in the UK to be repurposed before the end of the calendar year.
As the UK Government has made very clear in parliament and through collective statements at the G7, Russia should pay for the damage it has caused. We have showcased our continued commitment to that objective by introducing new legislation on 19 June to enable us to keep assets frozen until Russia pays compensation to Ukraine. While nothing is off the table, the UK will remain a credible partner on this by assuring ourselves of the safety, robustness and legality of any asset seizure proposal before taking it forward.