UK Export Finance: Russia

(asked on 28th February 2022) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, how much of the £1,860,018 maximum liability for UK Export Finance arising between 2014-15 and 2020-21 from the underwriting of contract bonds for exports to the Russian Federation is still at stake as of the end of February 2022.


Answered by
Mike Freer Portrait
Mike Freer
Parliamentary Under-Secretary (Ministry of Justice)
This question was answered on 7th March 2022

UK Export Finance’s remaining exposure for support to exporters who were exporting to the Russian Federation between 2014-15 and 2020-21 as at 28 February 2022 (the latest date for which complete figures are available) are as shown in the table below.

Underwriting of contract bonds

Provision of insurance

Underwriting of working capital

£809,075

£0

£0

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