Russia: Trade Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Lord Foulkes of Cumnock
Main Page: Lord Foulkes of Cumnock (Labour - Life peer)Department Debates - View all Lord Foulkes of Cumnock's debates with the Department for Business, Energy and Industrial Strategy
(4 years, 4 months ago)
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Lord Grimstone of Boscobel
My Lords, trade between Russia and the UK is broadly stable. Our objectives for Russia are driven by our Russia strategy, which holds that trade and investment can be a lever for stabilising relations, increasing prosperity, supporting deeper ties and binding Russia to the rules-based international order. There are no plans at present to attempt to negotiate a free trade agreement with Russia.
Lord Foulkes of Cumnock (Lab Co-op) [V]
My Lords, with respect, the Minister has not answered my noble friend Lord Rooker’s Question. Does he accept that our trade negotiations with Russia are being compromised because of a total of £3.5 million in donations to the Tory party and payments to 14 government Ministers from Russian sources?
Lord Grimstone of Boscobel
My Lords, I thought that I had made it clear that there are no trade negotiations going on at the moment with Russia. I resent the assumption that Ministers would in any way be influenced by the matters to which the noble Lord refers.