Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government how the UK's international sanctions regime has impacted foreign direct investment in the UK over the past three years, and what analysis they have undertaken to assess this impact.
The Foreign, Commonwealth and Development Office undertakes a pre-designation assessment of the impact of a sanctions designation on the UK economy as part of the decision-making process. The government also publishes impact assessments alongside sanctions-related legislation.
While these assessments seek to be as comprehensive as possible, it is difficult to analyse the direct impact of sanctions on foreign direct investment (FDI), given the complex mix of factors that affect FDI, including geopolitical tensions, regulatory changes, and trade agreements.