(2 years, 9 months ago)
Lords ChamberIt is obviously up to Ukraine whether it wishes to apply to join NATO. Under NATO’s open-door policy, all European democracies are entitled to pursue membership; the decision over whether to seek membership is for the people of Ukraine.
My Lords, does my noble friend agree that kleptocrats, like drug dealers, do not like having their money—their ill-gotten gains—removed from them? We have sanctioned three individuals and five banks. That really is not enough. President Putin has vast sums squirrelled away in the West, held by nominees. The Government must know who these nominees are; I suggest to my noble friend that they speedily sanction all those whom they know to be doing President Putin’s work.
As I said, the sanctions announced today are only the first tranche, and we will step up sanctions if Russian aggression continues.