Written Question·Department for Business and Trade·UIN 30164
Overseas Trade: Russia
Tabled: 10 February 2025
Answered: 27 February 2025
Question
Shivani Raja
Conservative — Leicester 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 AlexanderOur 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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