Oral Answers to Questions Debate
Full Debate: Read Full DebateAndrew Snowden
Main Page: Andrew Snowden (Conservative - Fylde)Department Debates - View all Andrew Snowden's debates with the Foreign, Commonwealth & Development Office
(1 month, 2 weeks ago)
Commons Chamber
Mr Andrew Snowden (Fylde) (Con)
We pay tribute to our armed forces for their courage and bravery in boarding and seizing the Russian shadow fleet vessel at the weekend. We also welcome the further sanctions announced today, including those targeting the shadow fleet. We urge the Government to put pressure on those who buy and refine Russian oil, as the freedom of Ukraine depends on cutting off the funds that finance Putin’s illegal war. Given the urgency on the battlefields of Ukraine and the inflated revenue Putin has recently had from Russian oil, does the Minister think that the situation can wait until 2027 for the introduction of the ban on Russian-originated diesel and jet fuel imports?
The shadow Minister asks an important question. I made it clear in yesterday’s Delegated Legislation Committee that that is the end date, but we are keeping it under review every two weeks and the licence could end before then, with the appropriate notice in place for industry. I am clear that our sanctions are having a categorical impact on the Russian economy. Russia has slashed its economic growth forecasts, and collectively our sanctions have denied Russia access to $450 billion, which could have fuelled the war for many more years. Our sanctions are having an impact, but we will continue to toughen them.
Mr Snowden
We both agree that this is important. While Putin uses globally inflated oil prices to fund his war machine, our own defence investment plan is in tatters. The former Defence Secretary’s shocking resignation letter said that the Prime Minister was “unable”, and the Chancellor “unwilling”, to provide the funding for the defence investment plan. That is absolutely damning. Astonishingly, the very next day the Government announced £4.5 billion to paint 10,000 new zebra crossings. Given that the FCDO made a big cut to its own budget to fund defence last year, does the Minister share my anger that other Departments are refusing to contribute to keep our country safe?