Oral Answers to Questions Debate

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Department: Department for Business and Trade

Oral Answers to Questions

Nia Griffith Excerpts
Thursday 23rd March 2023

(1 year, 8 months ago)

Commons Chamber
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Lindsay Hoyle Portrait Mr Speaker
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I call the shadow Minister.

Nia Griffith Portrait Dame Nia Griffith (Llanelli) (Lab)
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I also took part in a very sobering visit to Ukraine last month and saw for myself the utter devastation of homes, businesses and infrastructure, with World Bank estimates of reconstruction costs now at some $630 billion. In spite of warm words, we still have no clear plan from the Government for the seizure of Russian state assets that could be used for the recovery of Ukrainian businesses and the reconstruction of Ukraine. Now that the International Criminal Court has issued an arrest warrant for Putin, and with the United States, the European Union and Canada already looking to seize assets, can the Secretary of State tell us when the Government will set out how they will seize frozen Russian state assets?