Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government whether it is their policy that a deal to end the war in Ukraine should not result in the release of frozen Russian state assets held in the UK until Russia financially compensates Ukraine for the damage caused by the illegal invasion.
The Government is firmly committed to ensuring Russia pays for the damage it has caused and is causing. That is why, in 2023, the UK legislated to take powers to maintain Russian sanctions until Russia pays compensation to Ukraine. We are also contributing £2.26 billion to a G7 scheme totalling $50 billion in support to Ukraine, using the profits from sanctioned Russian assets.