M

Member

Speaking in the House of Commons on 18 December 2024

Debate

Financial Assistance to Ukraine Bill

Contribution

By using the $300 billion in Russian central bank assets held by free and open countries now, we can give Ukraine a lifeline as it continues its honourable defence of its country. I believe that this action would be not just morally justified, but underpinned by sound legal grounds. The true centre of gravity in this war is Ukraine’s economic endurance against Russia’s strategy of attrition and ruin, but despite the efforts across Europe, there is currently a leadership vacuum when it comes to pushing through the use of frozen Russian assets to assist the decisive action that is needed for Ukraine’s victory. We are seeing Putin’s increasing isolation, with civil unrest in Russia, and it is imperative that we take advantage of that.

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