Defending the UK and Allies
Debate between Jonathan Edwards and Rishi Sunak(10 months, 2 weeks ago)
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The Prime Minister
We do not comment on proscription decisions, but I agree with the hon. Lady that the behaviour of the Iranian regime, including the IRGC, poses a significant threat to the safety and security of the UK and our allies. That is why we have sanctioned over 400 individuals, including the IRGC in its entirely. We have passed new laws such as the National Security Act to give us the powers we need to keep us safe, and we will continue to work closely with allies to make sure we implement the most effective ways of reducing Iran’s malign influence in the region.
Jonathan Edwards (Carmarthen East and Dinefwr) (Ind)
The Prime Minister has emphasised throughout this urgent statement that our action was not an act of escalation, but surely the key determinant of that is how it is perceived by forces in the middle east and by the wider Arab population. Saudi Arabia, Turkey, Jordan and Egypt—countries we would not describe as anti-western in any way—have all expressed varying degrees of concern. Is the Prime Minister not worried that many of the key players in the region view the military action as escalatory?
The Prime Minister
I do not believe that we can outsource our foreign policy to the perception in other countries. We should recognise the risks of inaction. To do nothing, as I said, would be to weaken international security and the rule of law. It would further damage freedom of navigation and the global economy, including for British families. Crucially, to do nothing would send a dangerous message that British vessels, British interests and British lives are fair game. That would be completely unacceptable, which is why it is right that we acted.
G7 Summit
Debate between Jonathan Edwards and Rishi Sunak(1 year, 6 months ago)
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Jonathan Edwards (Carmarthen East and Dinefwr) (Ind)
Diolch, Madam Deputy Speaker. The sanctions strategy against Russia is being undermined by so-called leakage to other countries. For instance, Russian oil exports to India have reportedly increased substantially, a point that I suspect President Zelensky will have made to Prime Minister Modi during their discussions at the summit. Did the Prime Minister make similar points during his bilateral talks with Prime Minister Modi?
The Prime Minister
As I have said, the G7 allies are working in tandem to intensify diplomatic engagement with third-country partners to highlight potential sanction circumvention risks. We also, as I have said, are investing £50 million in a new economic deterrence initiative, which will back up our own sanctions implementation and enforcement.
Northern Ireland Protocol
Debate between Jonathan Edwards and Rishi Sunak(1 year, 9 months ago)
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The Prime Minister
Can I thank my hon. Friend for his support? It is an area that I know he knows well, and I can give him that assurance. We will continue to engage, as we have done, with all communities and parties in Northern Ireland. I have paid particular attention to the concerns of the Unionist community and their elected representatives from all parties in this process, because I believe that is the right thing to do. Ultimately, I can give him the assurance that I will continue to be personally involved, committed and engaged with this topic because I am Prime Minister for Great Britain and Northern Ireland—I am Prime Minister for the United Kingdom—and it is a responsibility I take incredibly seriously.
Jonathan Edwards (Carmarthen East and Dinefwr) (Ind)
If I understand the so-called Stormont brake correctly, is it not the case that the Northern Ireland Assembly will have more power over how EU single market rules apply in its territory than the Welsh and Scottish Parliaments have over how UK internal market rules apply in Wales and Scotland?
The Prime Minister
I am glad that the hon. Gentleman has recognised how powerful the Stormont brake is. It is absolutely right given the unique circumstances in Northern Ireland that it does have that sovereignty. It was missing. There was a democratic deficit, given the unique circumstances of Northern Ireland, and I am glad that the Windsor framework and the Stormont brake eliminate that democratic deficit and restore the appropriate and right sovereignty to the people of Northern Ireland.
Future of Financial Services
Debate between Jonathan Edwards and Rishi Sunak(4 years ago)
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Rishi Sunak
It is not for me to suggest that the Treasury Committee needs something else to do, but my hon. Friend is right that there will be a change in the regulatory alignment after leaving the transition period, which is why our future regulatory framework review is so important. We are just embarking on phase II of that. It will consider the right balance between Government, Parliament and the regulators. That is the appropriate place for him to feed in his thoughts on how we can get that balance right.
Jonathan Edwards (Carmarthen East and Dinefwr) (Ind)
In answer to the hon. and learned Member for Edinburgh South West (Joanna Cherry) earlier, why did the Chancellor rule out allowing the devolved Governments to issue their own green bonds? Surely that would be one way to help the Welsh Government directly fund the Swansea Bay tidal lagoon project, considering that the Treasury views the contract for difference model to be too costly.
Rishi Sunak
Obviously the Welsh Government will make their own decisions on supporting their own local economy. The issuance of sovereign bonds is obviously a reserved capability and it is appropriate that it remains that way.