Dr Neil Shastri-Hurst

Dr Neil Shastri-Hurst

Conservative — Solihull West and Shirley

Speaking in the House of Commons on 18 December 2024

Debate

Financial Assistance to Ukraine Bill

Contribution

At a time of existential threat to Ukraine, I have been heartened by the tone from across the House towards the Ukrainian people. It is critical at this moment in history that this House and all European Governments step up and do not give up. While I welcome the details of this short Bill, we should be focusing on the untapped countermeasure and counter-offensive that is at our disposal. Like a number of colleagues, I gently say to the Minister that we should think about the use of frozen Russian assets to support Ukraine in its non-violent economic and political reconstruction. The UN General Assembly has already endorsed an international mechanism for compensating Ukraine, but we cannot wait for the war to be over before we enact that countermeasure. Back in 2022, Ukraine lost 29% of its GDP, so if it only receives its compensation at the end of the war, that will be far too late.

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