Penny Mordaunt
Main Page: Penny Mordaunt (Conservative - Portsmouth North)Department Debates - View all Penny Mordaunt's debates with the Foreign, Commonwealth & Development Office
(10 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Penny Mordaunt (Portsmouth North) (Con)
I welcome the escalation of sanctions and note what my right hon. Friend said about Russia’s self-inflicted wounds to her economy and her standing in the world. What is his message today to any individual or company that is considering investing in or doing business with Russia?
Mr Hague
We have not declared a trade war or a boycott of Russia. There are British companies with huge investments in Russia that made those investments in good faith. If it comes to the adoption of more far-reaching economic, trade and financial measures, that will have an impact on some of those companies. However, any such message is for that point. We are not declaring an economic boycott of Russia today.