G7 and NATO Summits Debate

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Department: Leader of the House

G7 and NATO Summits

Lord Beamish Excerpts
Tuesday 1st July 2025

(2 days, 8 hours ago)

Lords Chamber
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Lord Beamish Portrait Lord Beamish (Lab)
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My Lords, I attended last week’s NATO summit in The Hague, as a vice president of the NATO PA. I must say to the noble Lord, Lord True, that that is not the position I saw in terms of UK standing. I saw a country that is now again respected and is working very closely with all its allies to engage in the important fight against Russia. In meetings with heads of delegations and foreign Defence Ministers, they all commended the UK on the leadership it has taken, including that of our Prime Minister.

The position of increased expenditure is welcome, but one of the issues that is very important in terms of the fight against the Russian invasion of Ukraine is its financial ability to rearm. So what more can be done to ensure that sanctions do bite and that we ensure that the rearming of Russia is thwarted?

Baroness Smith of Basildon Portrait Baroness Smith of Basildon (Lab)
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I am grateful to the noble Lord. Certainly, his impressions of the leadership that the Prime Minister has shown chimes with what I have heard from other people at similar conferences. In fact, in our support for Ukraine, the Prime Minister was able to bring European leaders and others into London in support of President Zelensky. Indeed, immediately after the NATO statement, President Zelensky came to London and met the Prime Minister and the Speakers of both Houses. This gives a sense of the leadership that is shown, and also of how close our relationship is with Ukraine.

On sanctions, he is absolutely right. First, he will be aware of the money that has been spent—I cannot immediately recall the amount. As the noble Lord, Lord Levy, said, it is from the interest on the Russian assets. I will come back to that point. It is the interest on those assets that has been used to provide more weapons, including missiles, for Ukraine. It is important that we do that. The Government are still working at pace and have not ruled out legal action to ensure that we can get access to that money for Ukraine where it is needed.

The noble Lord made a point about sanctions. It is an important point. The UK has now introduced new sanctions that target Russia’s shadow fleet. We have blacklisted 20 additional vessels, as well as 10 individuals linked to the country’s energy and shipping sectors. Again, we have seen our partners also taking decisive action. Canada has listed over 200 vessels, and the EU has moved forward with its 18th sanctions package at some pace as well. So, sanctions are an important tool in the armoury supporting Ukraine against Russia. We must never forget the danger that is posed to the Ukrainian people. The Ukrainian people are at the forefront of the fight for freedom that all of us have to respect and know that we can also be in danger if we do not protect Ukraine.