Russia: Freezing of Assets

(asked on 14th July 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 his G7 counterparts on the (a) seizure and (b) repurposing of Russian state assets.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 19th July 2023

The Foreign Secretary made clear the UK's continued commitment to ensuring Russia pays for the long-term reconstruction of Ukraine. Alignment on approach is important, given the challenge. The G7 Leaders' made a commitment in May that sovereign assets remain immobilised until Russia pays for the damage it has caused to Ukraine. The G7 and international allies continue to work closely to deliver on this, share expertise and experience. The London Ukraine Recovery Conference in June brought together over 1,000 public and private sector decision makers. They represented 59 countries, 33 international organisations, over 400 businesses and 130 civil society organisations.

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