B

Baroness Chapman of Darlington (Lab)

Speaking in the House of Lords on 3 September 2024

Debate

Ukraine

Contribution

My Lords, I first welcome the noble Lord to his place. I have not had an opportunity to do so since the election. We had many exchanges in the last Parliament, all of which were very good-natured. The noble Lord asked about sanctions. The UK has sanctioned over 2,000 individuals and entities, 1,700 of which have been sanctioned since Russia’s full-scale invasion—the most wide-ranging sanctions ever imposed on a major economy. UK, US and EU sanctions have deprived Russia of over $400 million since February 2022, equivalent to four more years of funding for the invasion. According to its own Ministry of Finance, Russian revenues from oil and gas dropped by 24% in 2023. I also welcome the tone of the noble Lord’s contribution. It is vital that we maintain cross-party, steadfast support for Ukraine and that there is no change in that as we go forward. So I welcome his words and the tone in which he said them.

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