Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will make an assessment of the potential merits of transferring frozen Russian assets held in the UK to support the underwriting of insurance for Ukrainian projects.

This Government is clear that Russia must be held responsible for its illegal war. That includes its obligations under international law to pay for the damage it has caused in Ukraine. Working with allies, we continue to pursue all possible lawful further avenues by which Russia can be made to meet those obligations. Our agreement with G7 partners to provide approximately $50 billion in additional funding to Ukraine, repaid by the profits generated on sanctioned Russian sovereign assets, is an important step towards ensuring Russia pays. Our focus is on delivering this commitment, including the UK's £2.26 billion contribution, as soon as possible.