Countering Russian Aggression and Tackling Illicit Finance

Debate between Wayne David and Jonathan Edwards
Wednesday 23rd February 2022

(2 years, 2 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Amanda Milling Portrait Amanda Milling
- Hansard - - - Excerpts

If the hon. Gentleman does not mind, I would like to make a little progress.

That package of sanctions will include measures to stop the Kremlin’s access to UK financial markets for sovereign debt, which means the Russian Government will be unable to access UK services to raise capital through the issuing and trading of sovereign debt. These measures will curtail the ability of the Russian state, and Russian companies, to raise funds on our markets, and will further isolate Russian banks’ ability to operate internationally. We will also introduce measures to limit Russia’s ability to trade internationally, and to degrade the development of its military industrial base for years to come. We will keep ratcheting up the pressure, targeting more banks, elites and companies that are of significance to the Kremlin.

Wayne David Portrait Wayne David
- Hansard - -

rose

Oral Answers to Questions

Debate between Wayne David and Jonathan Edwards
Wednesday 3rd February 2021

(3 years, 3 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Jonathan Edwards Portrait Jonathan Edwards (Carmarthen East and Dinefwr) (Ind)
- Hansard - - - Excerpts

What recent discussions he has had with (a) the Welsh Government and (b) Cabinet colleagues on the UK shared prosperity fund.

Wayne David Portrait Wayne David (Caerphilly) (Lab)
- Hansard - -

What recent discussions he has had with the First Minister of Wales on the UK shared prosperity fund.