Monday 19th February 2024

(2 months, 3 weeks ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Rosie Winterton Portrait Madam Deputy Speaker (Dame Rosie Winterton)
- Hansard - - - Excerpts

I call the Chair of the Foreign Affairs Committee.

Alicia Kearns Portrait Alicia Kearns (Rutland and Melton) (Con)
- View Speech - Hansard - -

Alexei Navalny was murdered. It is important that we in this House call it out for what it was, because that is what he deserves. Following his murder, I was also in Munich, where I heard his wife, Yulia, ask for us to stand by her. That is what we must now do. The US threatened more than a year ago that there would be significant repercussions if Navalny was murdered; Biden must now deliver on that threat, or we will see more lives taken, such as that of Vladimir Kara-Murza. I reiterate the calls for the seizing of central bank assets. That has been done before: the UN Security Council froze and seized Iraqi assets. We have a precedent; there is no reason for us to find new legislation or other ways to do so. Beyond that, we need to pursue a special tribunal on the crime of aggression. Will we consider also sanctioning Russia’s Deposit Insurance Agency? Finally, to hit the heart of Putin’s economy, will we urge the US to release more oil and therefore drive down prices?

Leo Docherty Portrait Leo Docherty
- View Speech - Hansard - - - Excerpts

My hon. Friend speaks with authority, and I am grateful for her reflections on her meeting in Munich. She is right to use the word “murder”. We seek to hold the Russian state and leadership to account. Of course, I cannot comment on the American position, but on our policy with regard to Russian state assets, we will continue to look at the appropriate legal path to ensure that that which is frozen might be utilised to bring benefit to those affected by this outrageous and illegal war in Ukraine.

On accountability, a special tribunal is one of the things we are considering, together with our Ukrainian allies and Sir Howard Morrison. There has been a large degree of institutional work together with the Ukrainians and the G7 on that. We will continue to work to find the best mechanism possible that might sit alongside the International Criminal Court. Of course, the ICC has already indicted Putin, and that indictment for crimes relating to trafficking children had an impact on his travel plans. Sometimes the cogs of justice can turn slowly, but they do turn surely.

My hon. Friend made a good point about the insurance agency, which I cannot comment on now. She also asked about the flows of oil; again, I cannot comment on that. We do have a laser-like focus on the economic impact of our sanctions in the round. The House should have confidence that the economic impact of our actions—taken as part of the G7 response and wider international actions on sanctions—on Putin’s ability to fund his war has been very significant: to the tune of billions.