Ukraine: Reconstruction
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether he plans to authorise the use of frozen Russian state assets to finance the reconstruction of Ukraine.
Answered by Stephen Doughty
This Government is clear that Russia must be held responsible for its illegal war. That includes its obligations under international law to pay for the damage it has caused in Ukraine. Working with allies, we continue to pursue all possible lawful avenues by which Russia can be made to meet those obligations. Our agreement with G7 partners to provide approximately $50 billion in additional funding to Ukraine, repaid by the profits generated on sanctioned Russian sovereign assets, is an important step towards ensuring Russia pays. Our focus is on delivering this commitment, including the UK's £2.26 billion contribution, as soon as possible.
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