(6 months ago)
Lords ChamberMy Lords, I am grateful for the careful way my noble friend explained the purpose of the regulations. He touched on aluminium exports from Belarus. As I understand it, Russia exports large amounts of aluminium—though I may be wrong. Have we stopped that? Are we able to stop those exports? If we did stop them, it might have a serious effect on the price of aluminium. It is worth remembering that aluminium and other raw materials such as steel are produced to international engineering standards, so they are homogeneous.
My Lords, it is a pleasure to follow the noble Earls, Lord Kinnoull and Lord Attlee. I am grateful to the noble Lord for introducing these amendments to the various sanctions regulations so comprehensively. As he outlined, the regulations introduce a new power to make it unlawful for a designated person to act as a director of a UK company. They also clarify the responsibilities of HMRC in relation to the enforcement of trade sanctions—a step we on these Benches welcome.
We also welcome the provisions relating to Belarus in the light of the country’s continued support for Russia’s illegal invasion of Ukraine. The extension of the prohibition on the import of aluminium to Belarus is significant, as noted in paragraph 5.16 of the Explanatory Memorandum. This is a key part of the economy, and it is vital that we extend the sanction.
Taken together, we hope that these measures will help to crack down on the circumvention of Russian sanctions—a topic that was discussed earlier this week during Questions to the noble Lord, Lord Cameron of Chipping Norton, the Foreign Secretary. The Minister will know that the Opposition have supported the Government in their approach to Russia-related sanctions. We are glad that the measure can be passed before Parliament is prorogued.
I ask for noble Lords’ indulgence for a moment, as this is my last contribution of this Parliament. I thank your Lordships’ House for being so welcoming to a new Member. I thank those on the Government Front Bench for their constructive approach to working together during my time on the Opposition Front Bench. I wish everyone a safe and fruitful general election campaign in the months ahead. I look forward to seeing all noble Lords in six weeks.