Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether she has had discussions with (a) NATO and (b) EU member states on the potential merits of introducing secondary sanctions in response to the Russian invasion of Ukraine to apply to non-UK, NATO, EU and Russian firms and individuals, irrespective of location, that are engaged in certain transactions related to specified sectors of the Russian economy.

The Foreign Secretary is in regular contact with EU, NATO and other international counterparts. On 1 March new legislation was laid in parliament on financial measures including sovereign debt, clearing and securities measures and trade measures including export controls on dual use high-tech products. The UK's sanctions have been coordinated with international allies to impose a severe cost on Putin and his regime. The Government seeks to ensure sanctions measures are targeted and avoid unintended consequences. Companies doing business with countries subject to sanctions must accept the risks of doing so however, just as they accept other political and market risks. This was carefully co-ordinated with our allies including the US, the EU, and G7 partners.