Ukraine

Richard Drax Excerpts
Tuesday 4th March 2014

(10 years, 2 months ago)

Commons Chamber
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Lord Hague of Richmond Portrait Mr Hague
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There are many things that can be done, some of which are under way. Countries can develop alternative energy supplies—[Interruption.]—including fracking, as I hear some Members behind me say. As the United States becomes an energy exporter, there could be alternative sources of energy in the future. In December I attended the inauguration of the new pipeline project from the Caspian sea, which will be a new route for gas supplies into Europe that does not pass through or from Russia. That infrastructure will take time to develop, but it is important put it in place.

Richard Drax Portrait Richard Drax (South Dorset) (Con)
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The world is becoming increasingly unstable, and this latest example to world peace is a classic case. Does the Foreign Secretary agree that our Government and country must rethink the funding of our armed forces to ensure we have the ships, and the Royal Navy, the Army and the Air Force, to meet potential threats in the future? I do not hint for one minute that we should go to war in this case, but it is surely a reminder that we need to keep our defences up.

Lord Hague of Richmond Portrait Mr Hague
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In an unstable world we need to keep up our defences. That is absolutely right and it is why the country is investing in very sophisticated military projects for the future. As things stand, we maintain the spending of 2% of our GDP on defence, and I think that many NATO countries have reduced their defence spending too far. We are one of the few NATO countries that maintains spending of 2% of our GDP, and there are countries across NATO that need to re-evaluate that and increase their defence spending in the coming years.