Russia (Sanctions) (EU Exit) (Amendment) Regulations 2022

Lord Robathan Excerpts

Thursday 24th February 2022 Lords Chamber

[Lord Foulkes of Cumnock (Lab Co-op)]

My Lords, first, I sincerely thank the Government and the Opposition Whips for agreeing that there should be some extra time for this important debate, in light of the current situation. I also thank the Minister for his introduction and for the helpful conversations we have had informally. I hope that he will take the opportunity of listening to the debate—I know he always does—and then passing on some comments and suggestions to his colleagues in the FCDO and to the Prime Minister—and I hope he may be able to answer some questions without pre-judging what the Prime Minister might say later.

The situation is unpredictable. Today is a really dark day for Ukraine, and for Europe and the world as a whole, because the future is now terribly unpredictable. I know some Ukrainian MPs who are delegates to the Council of Europe Parliamentary Assembly, as my noble friend does as well, and I fear for them. They will be among the targets if things go wrong in Ukraine, because they have stood up at the Council of Europe and elsewhere and fought the cause of Ukraine very valiantly.

It is clear that the current sanctions have not deterred Putin. The Foreign Secretary said—I think rather infelicitously—that some sanctions had to be “left in the locker”. It is now clear that, while they have been in the locker, they have had little or no effect. So we must now immediately extend our sanctions, and I am glad that the Minister has indicated that that is the intention. We must intensify our co-ordination with the United States, the European Union and other countries.

First, I suggest that we need to expand the list of Russian oligarchs subject to sanctions. The European Union unanimously agreed to target 27 individuals and entities who are playing a role in

“undermining or threatening the territorial integrity, sovereignty and independence of Ukraine”.

Yet, so far, we have sanctioned only five banks and three Russian billionaires. We must extend to at least the European Union’s 27—and beyond, I hope.

The Minister has indicated in a letter to us all that the Government are planning to introduce legislation to prevent the Russian Government from raising finance. This needs to be done urgently. I ask the Minister: can he confirm that this legislation will be brought before both Houses of Parliament at a very early opportunity, so that it is not allowed to drag on?

We should also introduce export controls on Russia, stopping shipments to Russia of microchips, computers, consumer electronics, telecommunications equipment and other items made anywhere in the world if they were produced using US, UK or EU technology. Most importantly of all, we must disconnect Russia from SWIFT. Russia is heavily reliant on SWIFT due to its multibillion exports of hydrocarbons denominated in US dollars. The cut-off would terminate all international transactions, trigger currency volatility and cause massive capital outflows. In my view, and the view of people far more expert than me, it would probably be the most effective action we could take—yet it has not even been mentioned by the Government so far.

We should also sanction luxury property in the United Kingdom.

[Lord Robathan (Con)]

Hear, hear.

[Lord Foulkes of Cumnock (Lab Co-op)]

I am grateful for that support from the other side. Russian businesspeople and officials accused of corruption or links to the Kremlin own at least 150 huge properties in the UK, worth £1.5 billion, according to Transparency International. I accept that there would be some difficulties in doing this, and it would require significantly more resources for our law enforcement agencies, but it should be looked at and I think it should be done.

I also agree that we should target the members of the Duma, the Senate and the Presidential Council. The Minister has indicated that they are compiling evidence, but I hope they will do it quickly because, unlike the oligarchs, they actually advise Putin. Sanctioning the western luxuries they all enjoy—I have seen them enjoy property, schooling and holidays in Europe and the US—will cause a groundswell of discontent. I see some of them as Russian delegates at the Council of Europe. They are parroting the words of Putin; they are his voices in the Council of Europe. I will come back to that in a minute. Mr Tolstoy and Mr Kalashnikov —strange names, but they are very familiar—are hardliners and people we should be dealing with. The only likely way that Putin can be replaced is by people in Russia, and I hope we can make sure that pressure is put on them to do that.

We should also look to provide further lethal and non-lethal aid to Ukraine and neighbouring nations such as Poland, Latvia and Lithuania. We could assist further with intelligence surveillance reports. I know from my time on the Intelligence and Security Committee how good our intelligence agencies are. We can do that without directly entering the conflict and sending troops.

Finally, the leader of the UK delegation to the Council of Europe, John Howell MP, has suggested that we should now expel Russia from the Council. That is a move I would support, as one of the UK delegates to the parliamentary assembly. I hope the Minister, who has the Council of Europe in one of his many and increasing responsibilities, will look at this, because it needs to be done in a co-ordinated way— not just by the parliamentary assembly but by the Governments of the 46 other countries.

Putin needs to know that we are going to take these strong actions and take them now to stop him in his tracks and prevent any further aggression and the inevitable bloodshed that will result. I move this amendment.

[Lord Robathan (Con)]

My Lords, I rise briefly. I take comfort from what my noble friend the Minister has said and pay tribute to the resolve being shown by the Prime Minister and the Government—but they need to do more, as the noble Lord, Lord Foulkes, has said.

This is not new. Litvinenko was poisoned in 2006 not a mile from here; Salisbury, Skripal, et cetera, took place in 2018; the invasion of Georgia, Abkhazia and South Ossetia, took place in 2008, and Crimea in 2014. We must understand the pattern here. As the noble Lord, Lord Foulkes, and I think my noble friend the Minister agree, we must take action now and it must be really dramatic.