Foreign Affairs and International Development

Malcolm Rifkind Excerpts

Tuesday 15th May 2012 Commons Chamber

[Mr Hague]

The UK is one of the strongest advocates of the sanctions being applied by the EU, including the ban on EU imports of Iranian oil from 1 July. The House should be clear about that, but discussion is continuing within the EU about protection and indemnity insurance and when a ban on it would be applied—on 1 July or at a later date. We are discussing that separately because of concerns expressed by countries outside the EU about the impact on their trade. We are assessing that, working with France in particular, to try to understand how serious the impact would be. We are clearly applying sharply increased pressure on Iran, but we also have to bear in mind the wider consequences for oil prices and the world economy, and balance those concerns.

[Sir Malcolm Rifkind (Kensington) (Con)]

Does the Foreign Secretary agree that even if the Iranians make constructive proposals in Baghdad next week, which would be very welcome, it would be premature to consider any suspension of sanctions, except in the unlikely event that the Iranians propose to suspend, as of that date, their further enrichment of uranium?

[Mr Hague]

We will have to see what, if any, proposals Iran makes in Baghdad on 23 May, but if my right hon. and learned Friend is saying that we should be cautious about making large-scale concessions, of course I agree—we will be cautious. It would, in any case, require agreement across the E3 plus 3. We will see what the Iranians say. If they propose and start to implement concrete steps, of course there would be ways in which we would want to respond, but very serious and significant steps would have to be taken for us to change, in any way, our approach to, for example, the imposition of the oil sanctions that I just described.