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, what Care on Location restrictions UK Export Finance is operating with respect to requests for cover on exports to the Russian Federation; and when those restrictions were last updated.


Answered by
Mike Freer Portrait
Mike Freer
Parliamentary Under-Secretary (Ministry of Justice)
This question was answered on 8th March 2022

UK Export Finance (UKEF) is currently reviewing all of its cover provisions to support exporters engaged in exporting to the Russian Federation. Under UKEF’s current care on location stipulations for the Russian Federation, in place since at least June 2020, no support is given for transactions in disputed territories.

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