Holocaust Memorial Day

Debate between Nusrat Ghani and Alex Sobel

Thursday 23rd January 2025 Commons Chamber

[Madam Deputy Speaker (Ms Nusrat Ghani)]

Take your time, Mr Sobel.

[Alex Sobel]

Thank you, Madam Deputy Speaker.

Professor Zygmunt Bauman died in January 2017. He was a great supporter of mine and always had placards outside his house when I stood for election, but unfortunately he never got to see me elected to this place. I want to record my thanks to the Baumans.

This debate is about a better future for people from conflict and post-conflict zones, and for those who have suffered genocide. All the subsequent genocides recognised by the United Kingdom happened in my lifetime, including Cambodia, Rwanda and the regime of Slobodan Miloševic and the Serbs. Since I became a Member of Parliament, we have had the atrocious murder of the Yazidis by Daesh and, looking at Syria now, I am afraid that genocide is probably not yet concluded. We need to act on that today so that they can have a better future for tomorrow.

I have met victims of Slobodan Miloševic’s regime in the Balkans—people exactly the same age as me, with similar backgrounds and experiences, who witnessed and experienced the most awful and traumatic events. I have seen some of the exhibits from the Miloševic regime’s genocidal actions, and many of them reminded me of what I saw in Auschwitz-Birkenau, including single shoes and items of clothing belonging to children who were disappeared and whose fate is unknown—they never found the bodies. Obviously, the genocide in the Balkans was different from the Holocaust, but we recognise it as genocide nevertheless. After the conflict, people in those countries are still suffering, and they still do not have stable countries. Bosnia is still experiencing tensions.

The Minister for Housing and Planning, who is no longer in his place, made an excellent contribution on issues in the Balkans, and I hope we can have a further debate with the Minister for Europe, my hon. Friend the Member for Cardiff South and Penarth (Stephen Doughty), on the contemporary situation in the Balkans, and particularly Republika Srpska.

I am planning to visit the Balkans again this year, and we all have that duty because the Balkans are very near, and those events happened in the political lifetime of some of those in charge of Serbia—some of them, including the President of Serbia, were involved in the regime of Slobodan Miloševic. The events are still very close. For the better future of people in the Balkans, these issues are not yet resolved. We need to work on them in this place, not in an historical or educational way but in a very real and political way.

It is our duty as a country to support a better future for everyone who has suffered in conflict and post-conflict zones.

Financial Assistance to Ukraine Bill

Debate between Nusrat Ghani and Alex Sobel

2nd reading
Wednesday 20th November 2024 Commons Chamber

[Alex Sobel (Leeds Central and Headingley) (Lab/Co-op)]

We are now 1,000 days into the Russian invasion of Ukraine and we are entering a crucial period for Ukraine and its people, with the Kursk offensive and Administration change in the United States. I would first like to praise our Government for their evolving strong support for Ukraine, reflecting the needs on the ground. The United Kingdom was the first responder and supporter of Ukraine. The Government’s participation in implementing President Zelensky’s 10-point victory plan is very welcome. Ensuring that the war does not last indefinitely and ends on fair terms is crucial. MPs of all parties work closely on campaigns around aid, sanctions, seizure of assets and so much more.

There is the potential that Ukraine could lose 50% of its military aid support from its international allies. The UK and other supportive nations struggle to make up the shortfall from our own stores. If this remains the case, Ukraine will slowly lose the ability to defend itself. Russia will increase and intensify its atrocities across the country. Where will Russia stop? The increasing rhetoric from the Kremlin needs a robust response. It has been shown again and again to take advantage of perceived weakness. Now, 1,000 days into the Russian invasion of Ukraine, we can take the first step in unlocking frozen Russian assets to support Ukraine. I welcome today’s Bill, which will ensure that the loans made will be repaid with the Russian state’s assets currently frozen in the UK.

The G7 must act collectively on this. At the start of the war, approximately $300 billion of Russian central bank reserves were frozen in the west. We need a route to mobilise these reserves. We must understand how other states have been able to disclose the amount of Russian central bank reserves they hold. We need to know how many billions of pounds of Russian reserves reside in the City of London. Canada has passed the Special Economic Measures (Russia) Regulations, which collects data on Russian assets, freezes them and publishes the value, which currently stands at 135 billion Canadian dollars frozen in Canada. Can the Government move to disclose the level of Russian assets held here in a similar way?

I also wish to call for the seizure of Russian central bank reserves to pay for the defence of Ukraine. Many Governments are seizing the profit generated from the frozen money and using that to back Ukraine. The US has passed legislation giving the President the power to do that, and I welcome this legislation, which will move us in the same direction. In the UK, we also have £2.5 billion frozen from the sale of Chelsea football club. If unlocked, it could create the second wealthiest charity in Britain, but it remains frozen in a UK bank account. Can the Minister outline what steps he is taking to immediately release this funding, which would provide much-needed humanitarian aid to Ukraine? In Ukraine, winter is not coming; winter is here.

We must decide on a route to mobilise the UK’s seizure of Russian assets. The estimated cost of reconstruction in Ukraine is at least $486 billion over the next decade, and growing every day. We must begin the process of confiscating the Russian central bank reserves in the UK with this Bill. Defending Ukraine’s democracy is defending our democracy. I look forward to the potential of this Bill to be a route to mobilising billions of pounds of Russian central bank reserves. Can the Minister clarify the position on whether the loans in the Bill today will be in the form of a recourse or non-recourse loan?

The Financial Assistance to Ukraine Bill allows the UK to fulfil our commitment made in the June 2024 G7 loan agreement to Ukraine. The UK’s expected contribution under this agreement is approximately £2.26 billion, which Ukraine can decide to utilise for its defence. We have Russian central bank deposits in the Bank of England, as well as Russian bonds that have matured and the funds deposited in UK commercial banks. Can the Minister outline when we will legislate to seize these assets for the defence and reconstruction of Ukraine, as they dwarf the sums we are debating today? I conclude by again thanking Ministers in the Treasury, the Foreign, Commonwealth and Development Office and the Ministry of Defence for their stalwart support of Ukraine. Slava Ukraini!

[Madam Deputy Speaker (Ms Nusrat Ghani)]

I call the Liberal Democrat spokesperson, James MacCleary.