G7

Richard Tice Excerpts

Monday 17th March 2025 Commons Chamber

[Mr Lammy]

First, I thank my hon. Friend for his service. He will be pleased that maritime security was such a big discussion point at the G7, and I thank Canada for that. We are a great maritime nation working with our colleagues, and I assure him that there will be more on this issue in the strategic defence review, which is to follow.

[Richard Tice (Boston and Skegness) (Reform)]

I thank the Foreign Secretary for his statement. It seems to me that Putin views the failure to seize the frozen assets as a sign of western weakness. If there are some reluctant countries, given that the Prime Minister is rightly leading a coalition of the willing, would he and the Government lead a coalition of the willing nations who will seize those frozen assets?

[Mr Lammy]

As right across Europe we see a cost of living crisis, it is right and proper that we pool our efforts, and that respective Treasury Departments and Finance Ministers are satisfied that seizing those assets would not have a detrimental effect on the global economy. Those necessary discussions are being held. The hon. Gentleman knows my emphasis, but I assure him that Europe is more united on these issues than Reform is currently.