Sanctions

Debate between Elizabeth Truss and Lord Beamish

Monday 28th February 2022 Commons Chamber

[Elizabeth Truss]

Regrettably, my hon. Friend is right; that is the type of action we are seeing being contemplated. Everybody involved, including Putin’s advisers and generals, should be aware that the International Criminal Court is already looking at this and at potential war crimes being committed, and we are urging a full investigation to take place.

[Mr Kevan Jones (North Durham) (Lab)]

I thank the Foreign Secretary for her statement. She talks about a hit list of oligarchs. She knows as well as I do that some of the individuals on that list are well-known and some are not so well known, but the one thing they all have in common is that they have all supported and continue to support Putin’s regime. Will she tell me about the timescale in dealing with some of these individuals? She says that she wants more evidence, but surely we have the evidence against certain of those individuals. What timescale is she talking about for when we will see lists of these individuals being printed and sanctions taken?

[Elizabeth Truss]

We have announced more than 120 businesses and oligarchs who have already been sanctioned. There is a list that we are working through, and we will be announcing more as soon as the evidence is ready.

Russia: Sanctions

Debate between Elizabeth Truss and Lord Beamish

Monday 31st January 2022 Commons Chamber

[Elizabeth Truss]

Our approach in dealing with the issue of Russian aggression is both deterrence and diplomacy. That is why the UK has been at the forefront in supplying defensive weapons to Ukraine, training up Ukrainian forces and working with our allies, many of whom are also supplying defensive support into Ukraine. But we have to be clear that there is a difference between a country that is a member of NATO, which has a security guarantee—Baltic states such as Estonia, where UK troops are in place—and the situation in Ukraine.

In my view, the best way of deterring Vladimir Putin from an invasion of Ukraine is by making it very clear, first, that that will not be simple or easy and is likely to result in a quagmire, as we saw in the Soviet-Afghan war or in Chechnya; and, secondly, that there will be severe economic consequences—and those are, of course, sanctions that target oligarchs and companies close to Vladimir Putin. Also, not going ahead with Nord Stream 2 is very important from the Russian point of view.

It is important that we talk to Russia and communicate these messages. We will not resile from our position on the protection of the open-door policy into NATO, but we will communicate directly with Russia so that it understands those messages.

[Mr Kevan Jones (North Durham) (Lab)]

The Foreign Secretary comes to the House, talks tough and says that the Government have a readiness to act. It is four years since the Foreign Affairs Committee produced its “Moscow’s Gold” report, which outlined Russian corruption in the UK. It is two years since the Intelligence and Security Committee published its report on Russia, which outlined similar concerns. Why have the Government not acted in those years? If we are going to implement sanctions, how can we believe that they will be effective without strong political will and the determination to make them work?

[Elizabeth Truss]

We have taken a number of measures in recent years: namely, the Criminal Finances Act 2017 and the review we are conducting of visas. I am saying that the most far-reaching sanctions regime will be in place by 10 February, making sure that Russia understands that there is a severe package ready to be in place. Of course, I am absolutely prepared to do what is necessary to make those costs severe.

Russia

Debate between Elizabeth Truss and Lord Beamish

Thursday 6th January 2022 Commons Chamber

[Elizabeth Truss]

My right hon. Friend is absolutely right about the NATO guarantee and its importance for NATO members, including the Baltic states. In December, I visited British troops forming part of NATO’s enhanced forward presence at Tapa in Estonia, where allies are helping to protect the border with Russia. We are working with our NATO partners to ensure that that protection remains in place and is enhanced so that we can fulfil our commitments.

With Ukraine, we are ensuring that it has the capability to defend itself. That involves training, and the UK has trained more than 20,000 troops in Ukraine. We are also supplying extra capability for naval defences as well as support in areas such as cyber-security and other services.

[Mr Kevan Jones (North Durham) (Lab)]

I thank the Foreign Secretary for her statement. She comes to the Dispatch Box and talks tough, which I agree with, but it is now two years since the ISC report. The Putin regime did not come to power by accident; it did so through the use of corruption and, as the ISC report spells out, enablers in this country and the west. The only recommendation that has been implemented is the one for the House of Lords of a register of interests of Lords with Russian companies. Like my hon. Friend the Member for Rhondda (Chris Bryant), I ask the Foreign Secretary: when will the Government get tough and real and implement the Russia report recommendations? I also urge her, before she has lunch again with a Russian donor to the Conservative party, to think and ask where that money came from originally.

[Elizabeth Truss]

As I have said, we have a very tough anti-corruption regime, and we have used it. As a result of the work that we are doing with our allies, we have been clear that Russia would face massive consequences if there were to be an incursion into Ukraine.