Written Question·Department for Business and Trade·UIN 30164

Overseas Trade: Russia

Tabled: 10 February 2025
Answered: 27 February 2025

Question

Shivani Raja

ConservativeLeicester East

To ask the Secretary of State for Business and Trade, what steps his Department is taking to support businesses that have experienced financial losses in relation to restrictions on trade with Russia.

Answer

Mr Douglas Alexander
Our sanctions are designed to minimise impact on the UK and avoid unintended consequences. We have sought to minimise the impact on businesses through implementing appropriate exceptions, specific export licences where appropriate, and wind-down periods w...

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