Derek Twigg
Main Page: Derek Twigg (Labour - Widnes and Halewood)Department Debates - View all Derek Twigg's debates with the Ministry of Defence
(2 months ago)
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John Healey
I can give the right hon. Gentleman that assurance. The money is a one-off. It is additional and separate, and it will be accounted for and set out separately in the Treasury documentation. Its significance is that it is a loan to Ukraine that Ukraine will not have to pay back, because it will be serviced by the interest on the frozen Russians assets. He asks whether the sum will be paid all in one go. It will be made available soon in the new year, and the Ukrainians will be able to draw it down as they need it for the purposes that they determine.
Derek Twigg (Widnes and Halewood) (Lab)
I welcome my right hon. Friend’s comments about North Korea and the growing alliance of aggression that needs to be confronted. I hope that we will have a strong response to that. I also welcome the extra £2.26 billion. My right hon. Friend made the important point—one of many—that the Ukrainians are being outgunned three to one in artillery by the Russians. Although the additional support is vital, how quickly can we ensure that we get extra munitions, artillery and missiles from the alliance and the G7 to Ukraine?