Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, pursuant to the Answer of 3 March 2022 to Question 131130, what was the level of UK Export Finance’s exposure as of 31 August 2023 arising from the underwriting of credit for buyers located in the Russian Federation in financial year 2021-22.

UK Export Finance’s remaining exposure from the underwriting of credit for buyers located in the Russian Federation between 2014-15 and 2020-21 as at 31 August 2023 was £47,713,256.

UK Export Finance has no exposure from the underwriting of credit for buyers located in the Russian Federation in the financial year 2021-22 as at 31 August 2023.