Richard Ottaway
Main Page: Richard Ottaway (Conservative - Croydon South)Department Debates - View all Richard Ottaway's debates with the Foreign, Commonwealth & Development Office
(10 years, 6 months ago)
Commons ChamberBroadly, yes—although I am not saying yes to all the items the hon. Gentleman mentions. I reiterate the answer I gave to the hon. Member for West Dunbartonshire. I do not think that former President Yanukovych anticipated his own demise and flight to Russia, but nevertheless it is true that the Ukrainian armed forces have been run down for a long time. We will be able to supply them with some basic items that help them to function and I will keep the House informed about that.
Does the Foreign Secretary agree that, with all business with Russia grinding to a halt, Russian stock markets in free fall, the rouble weakening, serious outflows of capital, interest rates rising and a possible forced debt sell-off, the markets are in fact providing de facto sanctions already?