Russia: Freezing of Assets
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will make it her policy to use frozen Russian assets to provide compensation for Ukrainian (a) war survivors and (b) victims of (i) economic crime and (ii) human rights violations.
Answered by Stephen Doughty
This Government is clear that Russia must be held responsible for its illegal war. Working with allies, we remain committed to considering all lawful means by which Russia is made to pay for the damage it has caused Ukraine. 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 in this regard. The UK will make a £2.26 billion contribution, earmarked for military spending.
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