This sanctions package has been agreed across the G7, which represents more than 50% of the global economy. That is a significant hit on the Russian economy, and it will help to degrade the Russian economy over time. The key issue is reducing dependency on oil and gas, but, as my right hon. Friend says, we must also ensure that there is no sanctions leakage into other countries. I have spoken to my Chinese counterpart. The Chinese did not vote with the Russians at the UN Security Council. I am making very clear to China, and to other major nations, their responsibilities to protect the sovereignty and self-determination of Ukraine, and we continue to put pressure on them.
Sanctions
Proceeding contribution from
Elizabeth Truss
(Conservative)
in the House of Commons on Monday, 28 February 2022.
It occurred during Ministerial statement on Sanctions.
Type
Proceeding contribution
Reference
709 c716 
Session
2021-22
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-03-07 11:43:33 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2022-02-28/22022826000019
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