Oral Answers to Questions

Emily Thornberry Excerpts

Tuesday 1st April 2025 Commons Chamber

[Madam Deputy Speaker (Ms Nusrat Ghani)]

I call the Chair of the Foreign Affairs Committee.

[Emily Thornberry (Islington South and Finsbury) (Lab)]

The Foreign Secretary has said repeatedly that the UK should move from freezing to seizing Russian state assets, although I am still waiting to hear what proportion of those are in the UK. Meanwhile, €300 billion sits in the EU. When peace eventually comes, the rebuilding of Ukraine will need to be paid for by the Russians, so those frozen billions will be key. When I was at a security conference in Poland last week, everyone seemed to agree that these assets need to be seized. I ask the Foreign Secretary again: what are the remaining barriers to seizing those assets, and what concrete steps is he taking to ensure that he can bring our allies with us?

[Mr Lammy]

I am very grateful to my right hon. Friend for raising this issue. It is a complex issue, and one on which it is best to act in concert with our closest allies, recognising that allies in Belgium, Germany and other countries in Europe are more exposed than we are. We continue to work at pace with our allies. This was an item I discussed yesterday in Madrid with the Weimar+ group, particularly with our Polish, French and Spanish colleagues, and I am sure it will be an item discussed at the NATO Foreign Ministers meeting later this week.