Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what information his Department holds on the amount of trade insured by UK-based companies with a final destination in Russia.

The Department does not hold information concerning the amount of trade insured by UK-based companies with a final destination in Russia. The government has sanctioned the provision of insurance in certain circumstances and it is a criminal offence to breach these sanctions unless a licence has been granted for the activity.