Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what discussions he has held with his Ukrainian counterpart on attracting private investment into Ukraine to provide support for (a) development and (b) the military.

The Foreign Secretary is committed to attracting business investment and mobilising private sector potential to help Ukraine to win the peace and build back a modern, open, green, and resilient country. The Foreign Secretary chaired numerous panels at the Ukraine Recovery Conference (URC) in London, which included the Prime Minister of Ukraine, First Deputy President of Ukraine, and Director of Anti-Corruption Bureau. These panels focused on the private sector's role in reconstruction and need for continued progress on reforms as essential for attracting private investment. The Foreign Secretary announced up to £240 million of UK bilateral assistance at the URC for 2023/24 demonstrating our ongoing commitment to Ukraine's recovery and reconstruction.