G7 Summit

Richard Foord Excerpts

Monday 22nd May 2023 Commons Chamber

[The Prime Minister]

Our new National Security and Investment Act 2021 gives us the powers to block hostile investment into sensitive sectors. My hon. Friend will know that we have used those powers to block Chinese investment in Newport Wafer Fab, for example. We obviously look at every transaction on a case-by-case basis, but we now have one of the most robust frameworks anywhere in the world for protecting our companies and our intellectual property from foreign interference and theft.

[Richard Foord (Tiverton and Honiton) (LD)]

Liberal Democrats welcome those parts of the Prime Minister’s statement that relate to Ukraine, but I would like to take that a little further and ask him about Russian misinformation. President Biden said of the supply of F-16 fighter aircraft that he had received assurances that the fighter jets would not be used to

“go on and move into Russia”.

President Macron said something similar in relation to the supply of French weapons, but misinformation from the Kremlin abounds about NATO’s intentions. Is the Prime Minister prepared, like the Presidents of the United States and France, to talk about how British long-range missiles will be limited to targets in Ukraine for the liberation of Ukraine?