(2 years, 4 months ago)
Commons ChamberWe welcome the US’s Middle East Partnership for Peace Act and the proposals for increased international funding for Israeli-Palestinian peace. We share the objective of advancing economic, social and political connections, and peaceful co-existence between Israelis and Palestinians. We stand ready to co-ordinate and collaborate further.
I am grateful to the hon. Lady for her question. UK officials remain in close contact with the US Government about how our existing peace-building projects and funding can better support the goals of the Act. We stand ready to co-ordinate and collaborate further, including regarding the advisory board, as additional information about their plans and priorities become available.
Recent violence in the west bank and in Israel itself underlines the need for an international fund for Israeli and Palestinian peace, but such a fund will not just happen. It actually requires positive support from Governments around the world, including and especially this Government, yet the truth is that our Government are paying only lip service to it. When will the Government remember the success of the International Fund for Ireland and learn the lessons of that success?
As I say, what we all want to see is a safe and secure Israel, and we want to have a two-state solution that enables us to do that and also delivers Palestinian self-determination. We are working with the US Government on these projects and the funding that can support the Act, and as and when we have more information about the plans and the priorities, we will co-ordinate with them.
(2 years, 6 months ago)
Commons ChamberI am not going to speculate on further sanctions. That is normal, standard Government policy, because to do so would undermine future sanctions. All I will say is that this will not be the end. Should Russia stage any further invasion into Ukraine, we will not hesitate to implement a comprehensive and unprecedented package of sanctions in close co-ordination with allies around the world.
If the hon. Gentleman does not mind, I would like to make a little progress.
That package of sanctions will include measures to stop the Kremlin’s access to UK financial markets for sovereign debt, which means the Russian Government will be unable to access UK services to raise capital through the issuing and trading of sovereign debt. These measures will curtail the ability of the Russian state, and Russian companies, to raise funds on our markets, and will further isolate Russian banks’ ability to operate internationally. We will also introduce measures to limit Russia’s ability to trade internationally, and to degrade the development of its military industrial base for years to come. We will keep ratcheting up the pressure, targeting more banks, elites and companies that are of significance to the Kremlin.
I will give way to the hon. Member for Carmarthen East and Dinefwr (Jonathan Edwards), because he has been quite persistent.