Monday 28th January 2019

(5 years, 9 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

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Alan Duncan Portrait Sir Alan Duncan
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I am aware of the letter, and, for the benefit of Members, if they do not know already, I confirm that the Bank of England holds a significant amount of Venezuela’s gold under a contract. The answer to my hon. Friend is that this is a decision for the Bank of England, not the Government. It has to make the decision on this, and no doubt when it does so it will take into account that many countries across the world are now questioning the legitimacy of Nicolás Maduro and recognising that of Juan Guaidó.

Robert Halfon Portrait Robert Halfon (Harlow) (Con)
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Why does this matter to the streets of Harlow? It is because 50% of cocaine shipments come through Venezuela. If there is a new regime there, will the Government work with it to stop cocaine reaching our shores and affecting the millions of people on hard drugs?

Alan Duncan Portrait Sir Alan Duncan
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My right hon. Friend is right. This has significance across the world because large amounts of drugs are trafficked through Venezuela. Of course, one cannot tackle that problem with the Government of Venezuela because they are party to that inappropriate drug trafficking themselves. Therefore, the solution for the streets of Harlow when it comes to Venezuela is to deal with a legitimate Government who are prepared to tackle the problem head-on in Venezuela.