With regard to China and the position of the UK, as the Minister will know, the UK is a global hub, not only for oil trading but also for shipping and for insurance of that global shipping. Especially with Russia and China, insurance—I think the noble Lord, Lord Collins, referenced insurance, but I did not pick up what the Minister had said about that—for shipping is one of the key elements in doing real harm to the Russian oil and gas sector. A lot of it is brokered through London. Can the Government please outline what they intend to do about this sector?
Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2022
Proceeding contribution from
Lord Purvis of Tweed
(Liberal Democrat)
in the House of Lords on Thursday, 3 March 2022.
It occurred during Debates on delegated legislation on Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2022.
Type
Proceeding contribution
Reference
819 c1007
Session
2021-22
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2022-03-04 14:17:43 +0000
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http://hansard.intranet.data.parliament.uk/Lords/2022-03-03/22030359000144
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