Oral Answers to Questions

Tom Randall Excerpts
Thursday 16th June 2022

(1 year, 10 months ago)

Commons Chamber
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Mark Fletcher Portrait Mark Fletcher (Bolsover) (Con)
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9. What steps her Department is taking to help UK exports reach Ukraine.

Tom Randall Portrait Tom Randall (Gedling) (Con)
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14. What steps her Department is taking to help UK exports reach Ukraine.

Ranil Jayawardena Portrait The Parliamentary Under-Secretary of State for International Trade (Mr Ranil Jayawardena)
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Since 22 February, the Export Support Service has supported over 400 businesses and individuals wishing to export to Ukraine. To support British businesses, the Department for International Trade has expanded its Export Support Service to act as a single point of enquiry for businesses and traders with questions relating to the situation in Ukraine and Russia. The Department will continue to support business and traders during this period. Having a dedicated export support team ready to help at the end of the phone will help businesses to access the information they need at any time. Indeed, the Department runs Britain’s system of export controls and licensing. The export control joint unit is expediting urgent export licence applications for Ukraine.

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Ranil Jayawardena Portrait Mr Jayawardena
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On 10 May, Britain laid legislation to liberalise all tariffs on imports of Ukrainian origin. Those measures have reduced barriers faced by Ukrainian businesses and consumers in their time of need, making it easier to obtain essential goods and aid from Britain. In lockstep with our allies, we are introducing the largest and most severe economic sanctions that Russia has ever faced, with, for example, up to 60% of Russian foreign currency reserves currently frozen. Analysis shows that, as a result, Russia is heading for its deepest recession since the collapse of the Soviet Union.

Tom Randall Portrait Tom Randall
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We have all seen on television the widespread devastation in Ukraine caused by Russia, so we know that its path to reconstruction will be a long one. What steps are the Government taking in planning and support of future rebuilding efforts in Ukraine?

Ranil Jayawardena Portrait Mr Jayawardena
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The United Kingdom is exploring how she can support the Ukrainian Government’s reconstruction efforts. There may be opportunities for British businesses to contribute with their skills, technology and ingenuity. To that end, I am delighted that, tomorrow, the Under-Secretary of State for International Trade, my hon. Friend the Member for Finchley and Golders Green (Mike Freer), will host the Ukraine investment summit to bring together British companies who have expertise in reconstruction with Ukrainian decision makers to begin identifying opportunities for collaboration.