Hilary Benn
Main Page: Hilary Benn (Labour - Leeds Central)Department Debates - View all Hilary Benn's debates with the Foreign, Commonwealth & Development Office
(2 years, 4 months ago)
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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Vicky Ford
Let me be very clear: the Russian Government’s intent is to destabilise Ukraine. Beyond that, we cannot speculate, but we are monitoring the situation closely. We are deeply concerned, but it is critical that we avoid miscalculations. We call on the Russian Government to abide by their international commitments—the commitments to which they have signed up. Any military incursion would be a strategic mistake by the Russian Government and they should expect massive strategic consequences, including severe economic sanctions.
Hilary Benn (Leeds Central) (Lab)
Experience shows that President Putin respects only strength of purpose and resolve. Many Members have raised the issue of the SWIFT system. I am not asking the Minister whether that is a sanction that the Government are proposing to take, but I would like to know how that decision would be reached. When Iran was excluded from the SWIFT system in 2012, it required an EU regulation to make SWIFT do that, because SWIFT is incorporated under Belgian law. Would such a regulation be required this time if the UK Government and other Governments decided to proceed with excluding Russia from the SWIFT payment system?
Vicky Ford
I cannot comment on hypotheticals. Let me just say again that any military excursion would be a terrible miscalculation and the Russian Government should expect massive strategic consequences, including severe economic sanctions.