Exports: Ukraine

(asked on 28th February 2023) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government, further to the Written Answer by Baroness Penn on 30 January (HL4895), with which government agency in Ukraine they are dealing to grant export guarantees.


Answered by
 Portrait
Lord Johnson of Lainston
Minister of State (Department for Business and Trade)
This question was answered on 9th March 2023

As the UK’s export credit agency, UK Export Finance (UKEF) can help connect UK suppliers with overseas buyers, helping exporters to win contracts, fulfil orders and receive payment.

Following a Ministerial Direction in March 2022, UKEF retained its market limit of £3.5 billion for Ukraine in the national interest. Any support remains subject to projects meeting UKEF’s robust due diligence processes, including the UK's latest international commitments and sanctions. It is not UKEF’s policy to comment further on potential transactions for security and commercial reasons.

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