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Freezing of Assets: Russia

Asked by Stephen GethinsScottish National PartyTreasuryTabled Answered 21 July 2025UIN 68439

The question

To ask the Chancellor of the Exchequer, what discussions she has had with her Belgian counterpart on releasing frozen Russian assets for use by Ukraine.

Answered by Emma Reynolds

The Chancellor regularly speaks to her G7 and European counterparts to progress matters in the UK national interest.

Supporting Ukraine and increasing economic pressure on Russia remains a priority.

The Government is firmly committed to ensuring Russia pays for the damage it has caused, and is causing, in Ukraine. The UK, together with our G7 allies, has committed to keeping Russia’s sovereign assets immobilised in our respective jurisdictions until Russia pays for this damage.

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