Ukraine: International Conference

Lord Purvis of Tweed Excerpts

Tuesday 7th June 2022 Lords Chamber

[Lord Goldsmith of Richmond Park (Con)]

On the second point, I am afraid I cannot answer; it is not for me to discuss future policy in relation to sanctions. However, there have been a number of assessments of the effect of the sanctions. We believe that the sanctions have had an inhibiting effect in relation to Mr Putin’s ability to mobilise his forces. For example, several weapons manufacturers have had to suspend their activity as a result of lack of access to parts, and defence company capabilities have been restricted, limiting Russia’s ability to replace advanced tech, including drones. Russia’s domestic vehicle sales have dropped by around 80%, partly due to lack of components. It is also forecast that Russia’s GDP is shrinking by anything between 8% and 15% this year, with the IMF expecting its economy to shrink further next year. As I said, it is not appropriate to speculate on specific future designations as that would undermine their impact, but there is no doubt that the sanctions are having an effect.

[Lord Purvis of Tweed (LD)]

The President of Senegal, as chairperson of the African Union, met representatives at the EU summit last week. He warned of the collateral damage that is putting between 8 million and 13 million people in Africa—especially in central Africa and the Horn of Africa, which I will visit next week—in imminent danger of absolute hunger. There is a great need for urgent international co-ordination between the IMF, the World Bank, the G7, the EU and the UK. Will the Minister consider a London summit on humanitarian relief for the collateral damage being inflicted on the most innocent and vulnerable in the world, through no fault of their own, as a result of Putin’s aggression?

[Lord Goldsmith of Richmond Park (Con)]

My Lords, it certainly is the case that Russia, and in particular Vladimir Putin, has used hunger as one of the weapons in his war against Ukraine, with effects not just for people in the region but across the whole world, as the noble Lord said. The UK has announced additional finance as an immediate relief for those countries most affected. For example, we are addressing, through investment, food insecurity in the Horn of Africa and Yemen. We have pledged £286 million to meet needs in Afghanistan. Over the next three years, we will direct £3 billion to the most vulnerable countries and people to help them recover from the crises. In addition, the World Bank has announced $30 billion to address food insecurity globally over the next 15 months, much of which—although not all—is a response to what is happening in Ukraine.