Sanctions

Julian Lewis Excerpts

Wednesday 14th May 2025 Commons Chamber

[Sir Julian Lewis (New Forest East) (Con)]

The Minister referred to the attempts to cripple the ghost ships and fleet. Does that have any effect on the shipments of oil to third parties, such as India, that refine the oil and then sell it on to countries that, like us, are trying to sanction Russia directly?

[Stephen Doughty]

The right hon. Gentleman asks an important question. We take up all possible avenues of limiting Putin’s war machine and the energy revenues that go towards it. We keep all options under consideration, and we look at them carefully. As he knows, I will not comment on any future actions or designations for obvious reasons, but I can tell him that this action on the shadow fleet has had a significant real-time impact on Putin’s ability to wage war. I have given this figure on a number of occasions, but our sanctions programme overall has denied Russia $450 billion, which would have been enough to keep this war going for many more years. The action has had a tangible impact. Action taken under the last Government, and the action taken by this Government, which has been accelerated, is having a real impact on Putin’s war machine. Again, I thank the right hon. Gentleman for his consistent support for Ukraine, and his support for these measures.

We are absolutely committed to securing a just and lasting peace in Ukraine. Maximising economic pressure on Russia is key to that, which is why we are continuing to introduce sanctions. We have now sanctioned more than 2,400 entities and individuals under the Russia regime. UK sanctions have also frustrated Russian trade: Russian imports to the UK have fallen by more than 98% since the invasion, and UK exports to Russia are down by more than 80%. We will maintain the relentless pressure on Putin, alongside our allies, to force him to the table and ensure that he engages seriously in negotiations. We reiterate our call on Russia to accept a full, unconditional ceasefire in Ukraine in order to create the space for talks on a just and lasting peace, and we commend President Zelensky for making his own commitment to peace by expressing his openness to engaging in direct talks with Putin. On Monday, the Foreign Secretary hosted Foreign Ministers from the Weimar+ group of key European allies to discuss our joint efforts to strengthen European security and secure a just and lasting peace in Ukraine. The House can be assured that these conversations form part of all our engagement with partners and allies across the world; indeed, I had such conversations today.

Now is the time for Putin to come to the table, and for Russia to show that it is serious about ending this war or else face the consequences. The UK stands ready to ratchet up the pressure on Russia, so that it ends its brutal war of aggression. As I have said, we will continue to explore all measures through which we can ratchet up economic pressure. The statutory instrument allows us to go even further in our efforts to target Russia’s revenue streams and prevent the Kremlin building its military and industrial capabilities. It introduces a package of more than 150 new trade sanctions, including new, innovative measures that will prevent UK expertise from being used in Russia’s defence and energy sectors. It will deny Russia sophisticated UK technology and software, and will expand our prohibitions, with the aim of further constraining Russia’s economic growth and ability to fuel its war machine.

Let me deal with each of the measures in the instrument. First, it introduces new export prohibitions that apply to a wide range of goods, including chemicals, plastics, metals, machinery and electronics. These prohibitions will deny Russia the means of procuring products that have military and industrial uses. Secondly, we are extending our prohibitions on the transfer of technology, applying them to a broader set of technologies relating to goods that are important for Russia’s military-industrial sectors, and for its economic development. Through these measures, we are removing UK expertise—whether in intellectual property, blueprints or industrial know-how—from Putin’s critical supply chains.

Thirdly, the instrument will ban the transfer of software relating to business enterprise, industrial design, and oil and gas exploration and production. As has been said, Putin relies on energy production and exports to fuel his war economy, so the aim of these sanctions is to make key sectors of the Russian economy less productive and therefore less able to fuel this illegal and barbarous war against Ukraine. Fourthly, we are banning the import of Russian synthetic diamonds that have been processed in third countries, and helium. This targets future funding sources that Russia is developing, as well as potential circumvention routes. Finally, the instrument clarifies the enforcement responsibilities for a small number of trade sanctions on Russia. This will enable the office of trade sanctions implementation in the Department for Business and Trade to enforce certain trade sanctions offences, and to refer serious offences to His Majesty’s Revenue and Customs for criminal enforcement consideration.

This Government remain committed to European security, and to our steadfast support for Ukraine. We are committed to standing up for the values of democracy and the rule of law, values that continue to be attacked so brutally by Russia. Sanctions, including this important package, are a key part of our efforts, and I commend the regulations to the House.