Financial Assistance to Ukraine Bill

Stephen Gethins Excerpts

2nd reading
Wednesday 20th November 2024 Commons Chamber

[Stephen Gethins (Arbroath and Broughty Ferry) (SNP)]

I add my congratulations to the hon. Member for Amber Valley (Linsey Farnsworth) on her maiden speech. It was so lovely to hear about her family. I was encouraged to hear about her revolutionary constituents who were keen on parliamentary reform. They will certainly have plenty of support from Scottish National party Members in those ambitions.

I thank the Minister for bringing the Bill to the Chamber. We are now 1,000 days on from the full-scale invasion, but it has been well over 10 years since Russia’s initial invasion of Ukraine. I reassert First Minister John Swinney’s acknowledgment of that anniversary yesterday, and the continued commitment to Ukraine of my party and the Scottish Government. This issue cuts across the Chamber, and it is good to see so much unanimity on it.

Why is that important? Because the Ukrainians are fighting for each and every one of us who values democracy, liberty and independence across Europe. They are the frontline defending us and those we represent, as well as our friends and colleagues around Europe. Sometimes, it is easy to lose sight of that. The Bill is about aiding Ukraine, but it is also about investing in our own security. This is a national security issue, and it is a good investment for us.

Let us think for a moment about the consequences of not supplying, arming and providing finance to Ukraine. It would mean a collapse and one of the worst refugee crises that Europe has ever experienced. It would mean a hit to the rules-based system, which I suspect those of us who believe in that system would see as difficult to recover from. Bluntly, it would mean a broadening of the war. Vladimir Putin is not stopping in Ukraine in the same way that he did not stop in Georgia, Chechnya, Syria, Libya—you name it.

Although we are absolutely supportive of the Bill, which certainly has my party’s support, I will pick up on a couple of points that have been raised, on which clarification would be helpful. I agree with the Liberal Democrat spokesperson, the hon. Member for Lewes (James MacCleary), who said that this Bill does not go far enough. From an arms and security perspective, we often provide supplies to Ukraine that allow it to fight and not lose the war, but not to win it. That goes for the arms and the finances being supplied.

I will pick up on a point made quite rightly by the hon. Member for Honiton and Sidmouth (Richard Foord). There are $300 billion-worth of frozen assets. I know that the Minister will not be able to pick up on this today, and it is not part of the Bill, but I encourage her to come back to the Chamber at some point and provide us with an update. She will find that she has support across the Chamber. I know that this issue is not easy and is about building links with other partners, and there will be some resistance to that, but the amount of money in the Bill, which I acknowledge is an important contribution, is dwarfed in scale by the amount of finances that it could provide by unfreezing those assets.

The hon. Member for Honiton and Sidmouth also made a point about sovereign immunity. Russia gave up its sovereign immunity when it launched the full-scale invasion and therefore forced this war on the sovereignty of Ukraine. We also have the principle of the universality of certain crimes, and we have seen allegations about universal crimes committed in Ukraine, with very substantial evidence. That is obviously a matter for the International Criminal Court, but I encourage lawyers to look into the principle of universality on some of the issues in that area. I know that the Minister is sympathetic and that this is not entirely as simple as many of us would like it to be, but from the comments we have heard from across the Chamber, there appears to be a great deal of support for the unfreezing of those assets. It would be fantastic to see the UK Government provide leadership in that area.

I also point to the fact that we have seen fantastic leadership from the Czechs, Estonians and Finns. What makes their leadership so compelling is that they know what happens if we give in to Russian aggression. They know at first hand and have generational knowledge within living memory of what happens when we give in to this kind of aggression. I encourage the Minister to look into that and endorse the points made about the sale of the proceeds from Chelsea football club, which is also very significant. That $300 billion would be transformative in helping Ukraine to fight this war for all of us.

I also ask the Minister about the broader finance issue of the effectiveness of sanctions. We know that Russia has been able to get around sanctions, but we must redouble our efforts. I make reference to a report that I was involved in writing when I sat on the Foreign Affairs Committee, which was on Moscow’s gold and dirty money. There were allegations about some of that money was going through London. I refer the Minister’s Treasury colleagues to have a look at that; it was a very good bit of work undertaken on a cross-party basis. This issue is crucial.

My final point is that our time is limited. We have a new Administration coming in in the United States in January, and we know that the signs are not entirely promising in terms of the support that we have seen from the United States in recent years. This war should actually have been a wake-up call to all of us in Europe 10 years ago. Given the fact that we have had this election in the United States, we are very late to the party on this issue, but we have a huge responsibility to pull together as Europeans. The Ukrainians are on the frontline and deserve our support. This is an investment in our own security. I absolutely support the Bill, but we need to go that little bit further.

--- Later in debate ---

[Richard Fuller]

I will respond briefly to the debate for the Opposition. First, I commend all the speakers, and particularly the hon. Member for Amber Valley (Linsey Farnsworth). It is rare for so many in this House to congratulate a Member on their maiden speech, but it was warranted because she spoke so nicely and kindly about her constituency, as well as with great generosity about her predecessor and very movingly about her father. She should take away the great support from all Members across the House, and we wish her the best of luck in her future here.

The Minister will be aware, having listened to the debate, of the comprehensive support for the Bill. She will have heard calls from some quarters to extend the provisions of the Bill to include seizing not only proceeds from the profits, but the assets. Such a move would be a very large step for the UK to take, and I do not think the official Opposition would support that without very strong convincing from the Government. But on all the other aspects, she will have seen the comprehensive support.

[Stephen Gethins]

On the seizure of assets and the $300 billion, we were trying to make the point that this needs to be explored very seriously. It would be transformative for the Ukrainian war effort and would therefore be transformative for our security. I take on board the hon. Gentleman’s point that this is not easy and about the impact that it might have. However, will he join me in encouraging the Treasury to look at this and come back to us with further details about the possible implications and how it might take this forward, so that we can all, as a House, examine it in greater detail?

[Richard Fuller]

I think I can assure the hon. Gentleman that the Treasury looks at these options on a continuing basis, but, consistently, the point of view held by the previous Government—and I would assume by the current Government—is that that is not the right step to take. But perhaps the Minister will update the House on her views on that in a moment.

Given the support, there was the opportunity for the Government to move forward with all stages of the Bill, so that it could proceed and be completed in this House today. Will the Minister say why that decision was not made and perhaps provide some sense of the timetable for when the Bill will be brought to the House for its concluding stages? But the Opposition’s general message is that we fully support the intentions of the Bill, and we will support it on Second Reading.