Richard Foord
Main Page: Richard Foord (Liberal Democrat - Honiton and Sidmouth)Department Debates - View all Richard Foord's debates with the Foreign, Commonwealth & Development Office
(1 day, 22 hours ago)
Commons ChamberI call a member of the Foreign Affairs Committee.
The Foreign Secretary mentioned that Speaker Stefanchuk of the Ukrainian Parliament—the Rada—was in the Gallery earlier today. He also met members of the all-party parliamentary group on Ukraine, when he drew a parallel between western sanctions packages and versions of the Apple iPhone: it feels like we see a new one every other week. Rather than the gradual introduction of sanctions on Russia, will the Foreign Secretary work with the United States and other allies to introduce a sanctions package that will really hurt Russian oligarchs in the pocket?
I want to see the strongest possible economic pressure on Russia—from every avenue, frankly. We have discussed that issue extensively with the US and Europe. I have discussed it with my Foreign Minister colleagues and the Chancellor discusses it with her Finance Minister colleagues. We want to see the strongest package. However, it is right to continue introducing new sanctions as soon as we have the evidence ready. I do not think that we should wait until more work can be done or more agreement reached. If we have the evidence to be able to introduce another set of sanctions, we should get on with it because we need to maximise the economic pressure as rapidly as we can to put pressure on Putin’s war machine.