Russia: Sanctions Debate
Full Debate: Read Full DebateDepartment: Foreign, Commonwealth & Development Office
Greg Smith
Main Page: Greg Smith (Conservative - Buckingham)Department Debates - View all Greg Smith's debates with the Foreign, Commonwealth & Development Office
(2 years, 2 months ago)
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Elizabeth Truss
I had hoped that the hon. Lady would welcome the fact that we are introducing our toughest ever sanctions regime on Russia, which will be in place by 10 February. We are acting with urgency to deal with this crisis.
Greg Smith (Buckingham) (Con)
I warmly welcome the actions my right hon. Friend is taking. Nobody should think they are safe from sanctions, so will she confirm that this new legislation will ensure that any company of interest to the Kremlin will be able to be targeted so there can be nowhere for Putin’s oligarchs to hide?
Elizabeth Truss
We will be able to target any company linked to the Russian state that engages in business of economic significance to the Russian state or in a sector of strategic significance. We will be able not just to target those entities but to go after those who own or control them, so the net is very wide.