G7

Lord King of Bridgwater Excerpts

Wednesday 10th June 2015 Lords Chamber

[Baroness Stowell of Beeston]

The Prime Minister and the other European leaders were absolutely united in their view on sanctions on Russia, certainly in the course of discussions at the G7 over the last few days. From the preliminary discussions leading into the next European Council meeting, I gather that there is no question of any doubt on that, but it is something that we have to keep pressing. We have talked about this before. We all have to hold together on this, because it is so vital. Russia must not see any weakness in our agreement in the West and in Europe on sanctions remaining in place.

On the noble Lord’s question about Crimea and whether it has been written off, I would answer, “Absolutely nothing of the kind”. We remain very clear that what Russia did in that area was illegal and there is no question that this would in any way be ignored or forgotten.

[Lord King of Bridgwater (Con)]

Looking at this Statement and the seriousness of some of the global issues that it mentions such as global health and climate change, is there any movement at all to suggest in discussions involving the major countries of the world that China might have a contribution to make? There are international global interests in so many of these very serious issues.

[Baroness Stowell of Beeston]

I do not think that my noble friend is suggesting that we are at the point where we might extend the G7 to include China. But he is right about China being so important to the future prosperity and security of the world at large. Again, this is an area where we have been very much in the forefront in recognising the growing importance of China. Before the general election, the UK was the first G7 country to join the AIIB, which is the new Chinese version of the World Bank. Because of our leadership there, other G7 countries have joined that bank.