Ukraine, Syria and Iran

John Redwood Excerpts

Monday 24th February 2014 Commons Chamber

[Mr Hague]

Since I am trying to make sure that in the long term we can work with Russia on this, the hon. Gentleman will understand that I have put things in a slightly different way from the words that he is using. It is of course important to have Russia’s co-operation and support in achieving long-term stability and recognition of democracy in a country such as Ukraine. We should always work together on securing that and we should always talk to Russia about those matters.

[Mr John Redwood (Wokingham) (Con)]

Does the Foreign Secretary agree that it would be wrong to lend money to Ukraine before she has a stable democratic Government in charge and one that has the respect of the people, and before she has an economic plan that might work? The British people will not thank him if we lend Ukraine money that we do not get back and the economic crisis there gets worse.

[Mr Hague]

I do not think that anyone in the IMF will want to lend money that there would be little chance of getting back, so the readiness to undertake economic reforms—for instance, any observer of the economics of Ukraine would see that gas price reform is necessary—will be important in Ukraine agreeing an IMF package. That will require some difficult political choices in Ukraine. Nevertheless, there is an urgent need for this, so it is a question of how quickly a new Government in Ukraine can supply the necessary political will.