Ukraine
Debate between Jonathan Djanogly and William Cash
Mr Djanogly
My right hon. Friend makes a great intervention. I absolutely agree that we should be doing everything we can to assist the Poles to get those planes to our friends in Ukraine.
If Russia is not prepared to live by our western rules and actually uses them against us, then we must remove it from our economic system. It has become clear that the west acting collectively has the ability to send Russia back to the economic dark ages and a barter society, if we have the political will to do that. Recent sanctions rounds and implicit western unity in this regard, not least the banning of Russian banks from the SWIFT system, have been heartening and often indeed led by our Government.
The further list of sanctions today, taking numbers, as the Minister said, to over 1,000 individuals, is welcome and impressive. Having said that, I do feel that if we had cracked down on Russian intransigence after its invasion of Georgia—which, by the way, Russia still partly occupies—we would have stopped much later pain in the west.
Sir William Cash (Stone) (Con)
As my hon. Friend knows, I had the honour of meeting the chairman of the Committee on European Integration of the Parliament of Georgia in Paris at the conference a few days ago. Does he recall me saying that she said that Georgia has been warning about this for nearly 20 years now?
Mr Djanogly
It has indeed, as I can say from a lot of first-hand evidence.
Sanctions against individuals will play an important role here. I saw how the Government were really getting it when they extended the Aeroflot sanctions to private jets. My next suggestion, as I have told the Minister before, would be to ban Russian yachts and planes from getting insurance. Sanctioning leads to asset freezes, so the Government will be left holding millions of pounds-worth of houses, boats and other assets, but what happens next? Will these assets be sequestrated and used for the benefit of Ukraine’s rebuilding, or will they be held to be returned to oligarchs after the war? The latter option may not be so popular, but it might be legally correct if we do not legislate further on this matter.