James MacCleary

James MacCleary

Liberal Democrat — Lewes

Speaking in the House of Commons on 18 December 2024

Debate

Financial Assistance to Ukraine Bill

Contribution

Thank you, Madam Deputy Speaker, for the opportunity to speak in support of the Bill and to highlight the importance of our unwavering commitment to Ukraine. I thank the Chief Secretary to the Treasury for his detailed response to the points raised in my new clause, which I really appreciate. When I addressed this House a few weeks ago, I expressed my desire for measures that would go further, particularly to empower the Government to seize Russian state assets frozen in the UK and use them to help rebuild Ukraine—an issue many hon. Members touched on in the Committee of the whole House. It remains, in my view and that of the Liberal Democrats, a critical step that must be taken. While procedural constraints have made such an amendment impossible within the scope of the Bill, the importance of ensuring accountability and justice cannot be overstated. The repurposing of frozen Russian assets is not just a financial issue; it is about ensuring that those who have enabled the Kremlin’s actions face tangible consequences. The UK has an opportunity to lead by example in demonstrating that aggression will not go unpunished. The Bill, by enabling the UK to participate in the G7’s ERA loans programme, provides vital financial support to Ukraine at a critical time in its fight for freedom. Beyond financial measures, we must continue to stand resolutely with our Ukrainian allies in other ways. That includes providing advanced military aid, bolstering Ukraine’s defences, and working closely with NATO and the EU to co-ordinate our collective response to Russian aggression. The UK must lead by example, showing that our commitment to Ukraine is unshakeable even in the face of uncertainty about the future of US support. Ukraine’s fight is not just for its own sovereignty, but for the principles of freedom and democracy that we all hold dear. With winter looming and the conflict showing no sign of abating, the UK must be a steadfast partner, ensuring that Ukraine has the resources, support and international backing it needs to endure and prevail. The Bill is a welcome step forward, but it cannot be the final word. Let us seize the moment to demonstrate moral leadership and resolve. Let us ensure that Ukraine’s struggle for freedom remains our shared cause, paving the way for a future of peace and resilience. Question put and agreed to. Bill accordingly read the Third time and passed. Commonwealth Parliamentary Association and International Committee of the Red Cross (Status) Bill [Lords] (Programme) (No. 2) Ordered, That the Order of 22 October 2024 (Commonwealth Parliamentary Association and International Committee of the Red Cross (Status) Bill [Lords] (Programme)) be varied as follows: (1) Paragraphs (4) and (5) of the Order shall be omitted. (2) Proceedings on Consideration shall (so far as not previously concluded) be brought to a conclusion one hour after the commencement of proceedings on the Motion for this Order. (3) Proceedings on Third Reading shall (so far as not previously concluded) be brought to a conclusion two hours after the commencement of proceedings on the Motion for this Order.—(Stephen Doughty.)

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