Freezing of Assets: Russia

(asked on 16th July 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions she has had with her Canadian counterpart on releasing frozen Russian assets for use by Ukraine.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 21st July 2025

The Chancellor regularly speaks to her G7 and European counterparts to progress matters in the UK national interest.

Supporting Ukraine and increasing economic pressure on Russia remains a priority.

The Government is firmly committed to ensuring Russia pays for the damage it has caused, and is causing, in Ukraine. The UK, together with our G7 allies, has committed to keeping Russia’s sovereign assets immobilised in our respective jurisdictions until Russia pays for this damage.

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