Written question asked by Ben Obese-Jecty (Conservative) on Tuesday, 4 March 2025, in the House of Commons. It was due for an answer on Friday, 7 March 2025 (named day). It was answered by Emma Reynolds (Labour) on Friday, 7 March 2025 on behalf of the Treasury.
Overseas Loans: Ukraine
- Question
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To ask the Chancellor of the Exchequer, over what time period the new funding to Ukraine under the Ukraine Bilateral Agreement will be repaid using profits from sanctioned Russian sovereign assets.
- Answer
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The Government is providing a £2.26bn loan to Ukraine as part of the G7 Extraordinary Revenue Acceleration initiative. The UK will be repaid using profits that are being generated from immobilised Russian sovereign assets in the EU.
The UK and wider G7 have committed to ensuring that Russian sovereign assets remain immobilised across our jurisdictions until Russia ceases its war of aggression and pays for the damage it has caused to Ukraine.
Secondary information
- Type
- Written question
- Reference
- 35421
- Session
- 2024-26
- Subjects
- Ukraine Repayments Russia Overseas loans Freezing of assets
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 20:54:21 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/35421
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/35421
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/35421