Question to the Department for Business and Trade:

To ask His Majesty's Government, further to the Written Answer by Baroness Penn on 30 January (HL4895), what mechanisms they have made available to British companies who wish to make use of the export credit guarantees in trading with Ukraine; and what criteria they have developed for companies which wish to be involved.

As the UK’s export credit agency, UK Export Finance (UKEF) can help connect UK suppliers with overseas buyers, helping exporters to win contracts, fulfil orders and receive payment.

Following a Ministerial Direction in March 2022, UKEF retained its market limit of £3.5 billion for Ukraine in the national interest. Any support remains subject to projects meeting UKEF’s robust due diligence processes, including the UK's latest international commitments and sanctions. It is not UKEF’s policy to comment further on potential transactions for security and commercial reasons.