Russia: Sanctions

Lord Purvis of Tweed Excerpts

Monday 11th September 2023 Lords Chamber

[Lord Ahmad of Wimbledon (Con)]

I am sorry to say that I cannot disagree more with the noble Lord. We have not gone soft on Russia; this House has not gone soft on Russia; this country not gone soft on Russia. At meetings such as the G7 and the G20, there are a broad number of countries and alliances. I assure the noble Lord that I have sat in many meetings where we have had to agree a statement; the fact that Ukraine was mentioned in that statement, with Russia present in the room, indicates a way forward. We also have to address these issues with partners who still do not have the same view as us, and we do that through effective diplomacy and specific action, as we are taking with our key partners.

[Lord Purvis of Tweed (LD)]

My Lords, the Minister knows that Russia’s export in goods is now at pre-war levels, and the very friends the Minister referred to—in India and the Gulf—are offering financial services directly to Moscow. We are currently negotiating trade agreements with those areas, offering them preferential UK market access. Does the Minister share my concern that we are actively encouraging financial instruments who are supporting the Russian war machine to have preferential UK market access? Surely that cannot be right.

[Lord Ahmad of Wimbledon (Con)]

My Lords, many of those countries, including India specifically, have had historic and legacy relationships with Russia. As the noble Lord is aware, India has relied on Russian defence support for a long time over history. It is right that we talk directly, and raise those concerns, with key partners such as the UAE and India, while, at the same time, working constructively to ensure that there are alternatives. I assure the noble Lord that we are seized of that; it is why we are making progress in our discussions on the issue of circumvention with key countries such as the UAE. Turkey recently initiated certain procedures domestically to assist in this respect. Let us be very clear that, while Kazakhstan has a strong reliance on Russia, it is looking at its domestic legislation to see how it can curb the issue of circumvention.