Ukraine Recovery Conference

Lord Collins of Highbury Excerpts

Monday 15th May 2023 Lords Chamber

[Lord Ahmad of Wimbledon (Con)]

The insights provided by the noble and gallant Lord are most welcome. We need to capture and leverage the insights and experience of your Lordships’ House to ensure that our Ukrainian friends get a clear and unequivocal message: we stand with you in all sectors. The Ukraine Recovery Conference, which we are hosting in London, is an opportunity for not just government or parliamentarians but the private sector to ensure that the required money can help now to start rebuilding the lives of Ukrainians around the whole of Ukraine. There are things happening in parallel with this, but I assure the noble and gallant Lord that we are fully focused on this important priority as well.

[Lord Collins of Highbury (Lab)]

My Lords, I very much welcome the efforts of the Government and the conference but, as my noble friend Lord Anderson said during the earlier Question, there is an opportunity here to ensure that the Russian state pays as well. We know that substantial Russian state assets have been seized. Will the Minister and the Government work in co-operation with our allies to ensure that this money can be used for the reconstruction of Ukraine?

[Lord Ahmad of Wimbledon (Con)]

My Lords, I have already alluded to the importance of accountability. The noble Lord will have seen the co-operation that we have had on the issue of justice for those who are ultimately accountable, and the strong relationship that we have with the International Criminal Court. All this underlines our primary view—in common with our partners—that Russia is ultimately accountable. On the specific issue raised by the noble Lord, and the noble Lord, Lord Anderson, we are of course in discussion with our partners to ensure that those to be held accountable are fully versed with the fact that they will be held accountable for the recovery. Notwithstanding that, I am sure the noble Lord will agree with me that it is important that we also undertake initiatives such as the recovery conference to ensure that the private sector is ready now to meet our obligations in addressing the needs of the whole of Ukraine.