Ukraine (Shooting Down of MH17) and Gaza

Lord Dholakia Excerpts

Monday 21st July 2014 Lords Chamber

[Lord Dholakia (LD)]

My Lords, I extend my sympathy to the Governments, people and families affected by the MH17 tragedy. The Prime Minister is absolutely right to insist that the UN Security Council demands proper access in support of a credible international investigation. He is also right to insist on hardening the economic sanctions. The question I put to my noble friend the Minister is: what would be the impact on the British economy of this measure and could we count on the wholehearted support of the EU, in particular Germany?

[Baroness Stowell of Beeston]

The most important thing is for the sanctions put in place to have a direct effect on Russia. The existing sanctions have already had some impact—Russia’s economy has shrunk as a result. As far as the future is concerned, and how any additional sanctions might affect the UK economy, we should recognise that our success is based on our security. That also applies to Europe more widely, so in looking at possible further steps we need to make sure that, as member countries of the European Union, we apply measures fairly in terms of their impact. We must, however, not lose sight of the fact that security is a very important part of our success.