James MacCleary

I congratulate the Minister and the Government on their work to date on sanctioning Russia. The UK must continue to stand shoulder to shoulder with our allies and the brave Ukrainian people in resisting Putin’s aggression. The support for Ukraine across this House sends a really strong message to the Kremlin, so we welcome this latest statutory instrument, which rightly tightens the screw on Russia’s ability to wage its illegal war. These amendments expand our sanctions regime in three important ways. First, by extending export bans on a wide range of products—chemicals, electronics, plastics, metals and machinery—we are further disrupting the industrial base that fuels Putin’s war machine. Secondly, by banning the transfer of associated software and technical knowledge, including cloud-based solutions, we will prevent the back-door flow of intellectual capital into the Kremlin’s hands. Thirdly, by introducing import bans on Russian synthetic diamonds and helium products, even when processed in third countries, we will cut off future revenue streams to help fund this war. These measures respond to the real-world attempts by Russia to sidestep sanctions by using complex supply chains and third-country networks. They align the UK with our allies—the EU, the United States and the G7—making our collective response far more powerful than going it alone. However, while I support these measures, I hope that Ministers will consider going further. If the Government are serious about holding Putin to account, sanctions must be not only enforced but escalated. The Liberal Democrats have been saying this for months: the UK should begin the seizure, not just the freezing, of Russian state assets.