M
Member
Speaking in the House of Lords on 23 June 2026
Debate
G7 SummitContribution
At the same time, the Russian economy is struggling and may already be in recession, so we will seize this moment by continuing our military support. We are providing more air defence missiles and our biggest package of drones to date, financed with the profits of seized Russian assets. We are providing vital export finance to help rebuild Ukraine’s energy system, and we are going further to increase the pressure on Russia’s economy, because we know the impact that this is having.
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