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Overseas Companies: Ukraine

Asked by Wendy MortonConservativeDepartment for Business and TradeTabled Answered 5 June 2025UIN 56239

The question

To ask the Secretary of State for Business and Trade, what steps his Department is taking to work with (a) international partners and (b) export credit agencies to develop (i) insurance solutions and (ii) support for UK businesses engaging in post-conflict (A) reconstruction and (B) commerce in Ukraine.

Answered by Gareth Thomas

HMG continues to collaborate with G7+ partners, International Financial Institutions and the global insurance industry, to strengthen availability and access to insurance for Ukraine following delivery of the 2023 London Framework for War Risk Insurance. We assist UK businesses engaged in Ukraine's post conflict recovery by supporting inward and outward business delegations, delivering webinars, producing dedicated business guides, issuing regular newsletters and supporting business partnerships.

UK Export Finance has financed a number of projects in Ukraine and is working with other ECAs to ensure a joined-up approach in meeting the immediate and post-conflict needs of Ukraine.

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