Emily Thornberry

Emily Thornberry

Labour — Islington South and Finsbury

Speaking in the House of Commons on 17 March 2025

Debate

G7

Contribution

I am so pleased to see the Foreign Secretary continuing to lead our allies in support of Ukraine, and equally pleased to see that he has expressed his support for moving from freezing to seizing Russian assets—we have £18 billion-worth of them held in the UK. However, if we are serious about doing that, we need to start getting on with it. What moves is his Department making—for example, putting legislation on the books to allow us to seize those assets when the right time comes? I am glad to hear that there are discussions on that, but has pressure been put on our G7 and EU allies, who still sit on the remaining £300 billion-worth of assets, which perhaps need to be seized at this stage? Has he considered putting forward a UN General Assembly resolution to provide the legal basis for co-ordinated asset seizures?

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