Exiting the European Union (Sanctions)

Matt Rodda Excerpts

Tuesday 9th April 2019 Commons Chamber

[Conor McGinn (St Helens North) (Lab)]

rose—

[Matt Rodda (Reading East) (Lab)]

rose—

[Sir Alan Duncan]

At the risk of turning this into a general debate on Venezuela, I will give way to both hon. Gentlemen.

[Sir Alan Duncan]

It is possible that we could do some things on our own and increase sanctions in that way. We have particular focus, through the City of London, on financial matters where we might have, if you like, the lead. However, it would be our wish and our intention to work in close harmony with the EU and the Lima Group of countries, the immediate neighbours of Venezuela, to make sure we all speak with one voice, rather than President Maduro being able to take advantage of there being a number of different voices around the world acting against him or commenting.

[Matt Rodda]

The Minister speaks very eloquently about the discussions that are currently under way. How does he feel the UK’s very important traditional leadership role in pressing for sanctions against human rights abusers would be harmed by the prospect of a no-deal Brexit?

[Sir Alan Duncan]

It is a very fair question to ask whether, given the influential role we have had within the EU by being part of it, it will have a detrimental effect on the united front that sanctions offer to the world against those who need to be sanctioned. I think that because of our diplomatic network and diplomatic reach, and our dominance of financial markets through the City, instead of wanting to turn their back on us, should we leave the EU in that way members of the EU27 will still want to work with us very closely. I think we will continue to share in common the objectives we hold to bring the worst people to book through the workings of sanctions. We have made it very clear to the EU that we really hope that whatever happens we can continue to work together, hence our wish to fold existing EU sanctions regimes into our own legislation after we have left the EU. I will give way one more time and then I will just rattle on, if I may.