Russia: Sanctions

Lord Purvis of Tweed Excerpts

Tuesday 21st May 2024 Lords Chamber

[Lord Cameron of Chipping Norton (Con)]

The best thing we have done is to announce that the £3 billion— the noble Lord is right about that figure—is not just for this year and next year but for as many years as Ukraine needs it. That gives us the ability, just as with the 2.5% spending pledge, to go to other partners in NATO and elsewhere and say, “We have made this pledge. If you make this pledge too, we can give Ukrainians the certainty they need that the money will be there to support not just the munitions but the vital economic measures that they need as well”.

[Lord Purvis of Tweed (LD)]

My Lords, in previous debates on sanctions I have raised questions about the ability of Ministers to exempt British Overseas Territories from the shipping components of our sanctions. Can the Foreign Secretary reassure me that not one single member of the shadow fleet will be able to get a landing licence into a British Overseas Territory?

[Lord Cameron of Chipping Norton (Con)]

That is an excellent question. I will double check, but my understanding is that we are trying to track this shadow fleet wherever it goes, and use that information so that countries can use environmental legislation, insurance legislation and other legislation to confiscate shipments and stop them moving. That must be the case in our overseas territories, but I will double check that it is so.