Ukraine

John Cooper Excerpts
Thursday 19th December 2024

(1 day, 20 hours ago)

Commons Chamber
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Nusrat Ghani Portrait Madam Deputy Speaker (Ms Nusrat Ghani)
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Saving the best Back-Bench contributor till last.

John Cooper Portrait John Cooper (Dumfries and Galloway) (Con)
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Thank you, Madam Deputy Speaker. It is an honour and a novelty to follow my near neighbour, the hon. Member for Strangford (Jim Shannon).

The cost of a new year’s dinner in Russia is up over 11%, interest rates are up, taxes are up and the rouble is down. That is largely down to the fact that the previous Government introduced a punitive range of sanctions against Russia. The famous military phrase is “in all domains” and the economic domain is absolutely critical. Can the Minister assure us that we will continue to ramp up economic pressure, as well as military pressure?

Luke Pollard Portrait Luke Pollard
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I thank the hon. Gentleman for his question. It is absolutely right that in addition to military support we use all levers available to us as a Government to put pressure on Putin, the Kremlin and his illegal war, and that includes economic measures. It is certainly true that Russia is seeking to find ways to circumvent and evade some of the sanctions put in place not just by the United Kingdom, but by our international allies, too. It is for that reason that the Foreign, Commonwealth and Development Office and the Treasury are updating the sanctions on a regular basis, not only to expand them where we see a revenue stream from activity that directly supports the war, but to put further pressure on the Russian economic system so that staying in the fight becomes a harder and harder choice for them. Ultimately, the war needs to be brought to an end as soon as we can. Our levers, not only military but economic and diplomatic, are essential to being able to bring the pressure to bear on Putin to stop his illegal invasion, withdraw his troops and give all the people in Ukraine, who just wish to get on with their lives free from attack, abuse and intimidation by the Russian state, a decent future. Let us hope that 2025 brings a better year than 2024 was for our Ukrainian friends.