Oral Answers to Questions
Debate between Darren Jones and Rishi Sunak(1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Darren Jones
Just to clarify, I did not say there was an impact assessment; I said that the impact of the changes is being considered by the Government, but we will set out the detail on that in due course.
Rishi Sunak (Richmond and Northallerton) (Con)
I commend the Government for their international leadership at this challenging time. Events overnight make it even clearer that Europe must find considerably more resources for Ukraine. The Chancellor has rightly continued our policy of using the interest on frozen Russian state assets to benefit Ukraine, but I believe that now is the moment to go further by actually seizing those assets. Russia’s invasion of Ukraine violates the principle of sovereign equality, providing a basis in international law for such a policy, and by acting in concert with our allies, we can ensure that there are no risks to financial stability. May I urge the Chancellor to push for co-ordinated action to seize those frozen Russian state assets and give that money to the Ukrainians so that they can defend and rebuild their country?