(1 year, 3 months ago)
Commons ChamberUrgent 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.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
My hon. Friend is always a champion and a strong voice. I thank her for the support she gives to those who are feeling under great strain. Some challenges remain. We suspended our extradition agreement with Hong Kong in July 2020, but 13 countries have still not done so, despite the national security law being brought in. They include two European countries, Czech Republic and Portugal, and 11 others, including Singapore, Malaysia, the Philippines, South Korea and India. We continue to work closely with them to ask that they reconsider their position so that those who need to be able to maintain their freedom of expression in their countries can do so safely.
My constituent Carlos Auyeung has written to me about significant distress and fear in the Hongkonger community caused by the exerting of extraterritorial enforcement on British soil, saying that it requires immediate attention and action. I listened carefully to the Minister’s responses to my hon. Friend the Member for Hornsey and Wood Green (Catherine West) and the Chair of the Select Committee, the hon. Member for Rutland and Melton (Alicia Kearns), both of whom asked her to call representatives of the Chinese Embassy in London into the Foreign Office to dress them down about the matter. She just did not answer their question. Will she answer it now, so that the House can be better informed?
The Foreign Secretary has many meetings during the week. I will take away that question, and I am sure that Foreign Office Ministers will have heard of the importance of these matters. We will continue our ongoing discussions, but we will also ensure that these concerns, which, rightly, are so clearly heard, are included in our annual human rights report, which will be published—I want to say “next week”, but I think the correct term is “imminently”, just in case the printers do not produce it on time—and in which China will, sadly, feature.
(1 year, 9 months ago)
General CommitteesI beg to move,
That the Committee has considered the Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022 (SI, 2022, No.1331).
The instrument before us was laid on 15 December 2022 under powers provided by the Sanctions and Anti-Money Laundering Act 2018 and makes amendments to the Russia (Sanctions) (EU Exit) Regulations 2019. The instrument has been considered and not reported by the Joint Committee on Statutory Instruments.
With these amendments, the UK continues to put immense pressure on Putin and Russia, alongside our international partners. These new trade measures will further extend the largest and most severe package of economic sanctions that Russia has ever faced. I will begin by outlining the measures introduced through the instrument.
First, the SI tightens existing regulations on investments, loans, securities and money market instruments to further close off indirect finance and constrain the availability of international capital to Russia. Importantly, the measure now prohibits new investments in Russia through third countries.
Secondly, the legislation introduces new restrictions on the provision of trust services to persons connected with Russia. That will particularly affect high-net-worth individuals who use trust services to manage their assets. Through the instrument, the Government have suspended the Bank of England’s duty to recognise resolution action in respect of persons designated under the UK’s Russia sanctions regime—the process by which the failure of financial institutions is managed—stemming a potential income stream for Putin’s war machine. This amendment also prohibits the export of further goods across a range of sectors, including oil production and mining equipment, electronics and chemicals, and advanced materials and camouflage gear.
Finally, the instrument introduces additional prohibitions on the provision of professional services to persons connected with Russia. That encompasses advertising, architecture, audit, engineering, and IT consultancy and design services.
It has been interesting to read the instrument. Does it affect UK citizens who hold shares in companies that are operating in Russia and their ability to win dividends from those shares?