Organization for Security and Co-operation in Europe Debate
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Lord Christopher
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Organization for Security and Co-operation in Europe
Lord Christopher Excerpts(10 years ago)
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Lord Wallace of Saltaire
It would be easier if we had all anticipated quite how the conflict might develop. Ukraine has many problems and its last Government were in some ways structurally corrupt. There is a great deal that Ukraine needs to change to recover its economy and provide a much better quality of governance. I have to say that the number of new Ministers in the new Government who have experience outside Ukraine and who are not part of this corrupt network is very encouraging.
Lord Christopher (Lab)
My Lords, have the Government given some thought to the IMF announcement yesterday that Ukraine is going to need some billions unless it is going to collapse into bankruptcy? Russia will have won by default if that happens. Have we given some thought to that?