Russia: Sequestration Of Assets
The question
To ask the Chancellor of the Exchequer, what recent progress she has made on the seizure of Russian assets in the United Kingdom; and the impact of those assets for the Ukrainian war effort.
Answered by Rachel Blake
The Government remains determined to ensure Russia is held accountable for the damage it has caused, and continues to cause, in Ukraine.
We will continue work and coordinate with G7 and EU partners to ensure that Ukraine gets the funding it needs, ensuring any options developed by the Government are in line with international law.
As the Prime Minister and the E3 reaffirmed in their joint statement on 7 June, the UK has pledged that Russia's sovereign assets will remain immobilised until they cease the war and pay compensation to Ukraine.
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