Sir Iain Duncan Smith

Sir Iain Duncan Smith

Conservative — Chingford and Woodford Green

Speaking in the House of Commons on 28 November 2024

Debate

Taiwan: International Status

Contribution

I am grateful to the hon. Gentleman for securing this debate and for giving way. The comparison point is important. The figures he has given for what would happen should Taiwan be blockaded or even invaded are worth relating back to the Ukraine effect from when Russia invaded Ukraine. We had a hit of about $1 trillion to the global economy. The hon. Gentleman is talking about nine or 10 times that effect on the global economy—this is our neighbour, rather than a far and distant land.

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