(1 week, 2 days ago)
Commons ChamberThere was a moment when intelligence sharing with Ukraine was paused, but it was restarted with the momentum behind the talks, at the point at which Ukraine and the US were back on the same page. I am proud to say that the UK played a part in doing that and those arrangements are an important part of Ukraine being able to withstand the onslaught from President Putin.
To support our Ukrainian friends, we need a robust sovereign industrial base. One proposal to help finance that and enhance supply chain security is the creation of a multilateral armament bank, such as the proposed Defence, Security and Resilience Bank. Does the Secretary of State agree with me that the Government should explore that potentially game-changing solution?
Yes, I agree with my hon. Friend, and we are. That is part of the preparation for the defence industrial strategy. We want to find ways to maximise the investment going to British firms and British jobs, while making an important contribution not just to the defence and security of our own country, but to those of our allies as well.