European Council

Bob Stewart Excerpts

Monday 10th March 2014 Commons Chamber

[The Prime Minister]

I have not seen any evidence of that. Sometimes the City of London is unfairly painted as somewhere that does not have tough rules on money laundering. It does. It is painted as somewhere that does not have tough rules on transparency. It does. Part of the G8 agenda was aimed at making sure that we get greater transparency, particularly on issues such as tax. We will take the necessary steps, if that becomes appropriate, and the City of London will play its full part.

[Bob Stewart (Beckenham) (Con)]

The Baltic republics border on Russia and they have substantial Russian populations. My right hon. Friend has already hinted that they must be somewhat nervous. They are NATO members, so does he think it appropriate that NATO should reaffirm the principle of collective security for all its members?

[The Prime Minister]

The collective security approach is at the heart of NATO, and we should reaffirm it every time NATO countries meet. Looking back, was it right to allow Latvia, Lithuania, Estonia, Poland and other countries to join the European Union and NATO? Yes, it was. It gave them the security and stability to make economic progress, combat corruption and have the sort of free and open societies that the House supports. They draw a lot of strength and succour from that, and we should not forget it.