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Written question asked by Royston Smith (Conservative) on Wednesday, 8 November 2023, in the House of Commons. It was due for an answer on Monday, 13 November 2023. It was answered by Nusrat Ghani (Conservative) on Tuesday, 14 November 2023 on behalf of the Department for Business and Trade.


Ukraine: Foreign Investment

Question

To ask the Secretary of State for Business and Trade, what guidance her Department issues to (a) private companies and (b) UK-based investors on (i) engaging and (ii) investing in Ukraine.

Answer

Providing guidance to supporting businesses to play a key role in supporting Ukraine’s economic recovery is a high Government priority.

This year we launched a Guide to Doing Business with Ukraine, to support UK business and investors working in Ukraine and encourage greater trade flows.

We support businesses to engage in Ukraine via multiple fora including the UK-Ukraine Infrastructure Taskforce.

We are supporting investors through addressing a lack of available insurance, contributing £20m to the Multilateral Investment Guarantee Agency and on 31 October signing a Statement of Intent on a European Bank for Reconstruction and Development war-risk insurance scheme for Ukraine.


Secondary information

Type
Written question
Reference
1001
Session
2023-24
Transferred
Yes
Subjects
Foreign investment Ukraine
Link
View this Written question on www.parliament.uk