Written Question·Treasury·UIN 35421
Overseas Loans: Ukraine
Tabled: 4 March 2025
Answered: 7 March 2025
Named DayQuestion
Ben Obese-Jecty
Conservative — Huntingdon
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
Emma ReynoldsThe 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 hav...
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