Lord Houghton of Richmond
Main Page: Lord Houghton of Richmond (Crossbench - Life peer)Department Debates - View all Lord Houghton of Richmond's debates with the Ministry of Defence
(1 day, 23 hours ago)
Lords ChamberAll I can say is that we have sanctioned numerous individuals. We have taken action in all sorts of ways to deal with the shadow fleet. As far as seizing Russian assets is concerned, negotiations continue with other nations, because we need to get international agreement to do some of that, but we will take action economically to try to punish Russia as well.
I thank the Minister for his response, but I thought his view of the prospects for peace was somewhat glossy. Is not a better strategic assessment, first, that Putin shows absolutely no intention of seeking a protracted or final peace, perhaps other than a temporary pause for his own tactical or strategic advantage; that, secondly, the general trend of American policy is to slightly lessen or reduce the security guarantees to Europe; and, thirdly, therefore, that the security of and support to Ukraine will increasingly rest on the European pillar of NATO? I must now defer to the outcome of our own defence review. Although in many respects it was an excellent review, the resources are simply not going to be in place in time to deter Russia effectively.
I apologise to the noble and gallant Lord and to the House. I did not intentionally try to gloss over the seriousness of the situation that we face; I was just trying to point out the necessity for us to continue the actions we are taking to try to achieve as successful an outcome as we can. As part of that, our involvement with the Americans is extremely important. As I have said at this Dispatch Box on many occasions, we know there are sometimes issues and points made either by President Trump or on behalf of him, but we try extremely hard to be positive and to build a relationship with him, because the involvement of the United States in Europe and beyond is essential to the peace and security of our nation and our alliances. We will continue to do that, and I know the noble and gallant Lord will appreciate that as well.
On spending and the European pillar, the noble and gallant Lord will know that for many decades all of us as a European collection of nations simply did not spend enough on defence. We are now starting to see increases in spending right across Europe, including in our own country, which will allow us to deal with some of the challenges that we will face. As for our own nation, I know the noble and gallant Lord wants us to go further and faster, but he will know the commitment has been made for 2.6% by 2027, with an increase to 3% in the next Parliament should the circumstances allow, and he will have read in the Defence Industrial Strategy published yesterday about the aspiration for defence and security spending to reach 5% by 2035. So, there is a trajectory. It is not as fast and as much as the noble and gallant Lord would want, but, across Europe, we are seeing an increase in defence spending which we can all welcome.