My Lords, I thank the Minister for repeating that Statement and for including the previous Statement on the recovery conference. As my right honourable friend David Lammy said this afternoon in the other place, we should reiterate to Ukraine that all sides in Parliament are in for the long haul and that the UK will always support it in its fight for democracy over tyranny.
I commend the Foreign Secretary for hosting the Ukraine Recovery Conference in London last week, as a vital part of that process of the fight for democracy. In the Common’s debate on the recovery conference Statement, my honourable friend Stephen Doughty referred to the extra funding for British International Investment, and noted that neither the BII nor its predecessor, the CDC, has had any recent experience of working in Ukraine. Can the Minister tell us exactly what the BII’s role will be in Ukraine and when it will be expected to begin operations? What additional support and guidance will it be given in this vital work?
Since at least last October, the Government have indicated that they are in principle supportive of seizing Russian state assets to fund Ukraine’s reconstruction. However, in the months since, no specific proposals have been forthcoming. Tomorrow, Labour will be strongly urging the Government to use the Summer Recess to draft legislation to repurpose sanctioned Russian state assets for Ukraine’s reconstruction. Across the world, Governments are coming forward with legal proposals to use Russian state assets for this reconstruction. Last week, EU Commission President Ursula von der Leyen said the proceeds from the over €200 billion belonging to the central bank of Russia frozen in the EU will be used to pay for Ukraine’s reconstruction, with a proposal arriving before the summer break. We have seen similar action in the US, with a bipartisan group of senators launching a Bill to seize and transfer Russian assets to Ukraine. I know that the Minister will not give a clear commitment, but
I hope he can say that the statements made before will be followed up with action and that we will be following our allies in this regard.
The conference Statement also referred to the support of businesses that have contributed monetarily to Ukraine’s recovery and reconstructions. These donations are significant, but it is equally important that these businesses continue to operate and support the economy of Ukraine now. What steps are the Government taking with our allies to encourage global businesses to invest in Ukraine now? I hope the noble Lord can respond on that.
Turning to the events over the weekend and the Statement, we know that Prigozhin has been a long-time and close ally of Putin. His military company, the Wagner Group, started becoming involved in eastern Ukraine in 2014, and this weekend’s developments will have ramifications beyond Ukraine in conflicts around the world where its militia army has been active. Is the FCDO actively monitoring whether there has been any significant change in the activity or location of Wagner militias? As the Minister knows, Labour has long called for its proscription as a terrorist organisation. Again, I know that he will not wish to make any determination tonight, but I hope that the department is very actively engaged in looking at this—again working with our allies.
The Opposition agree that it is not helpful to speculate about where all this will end up in the long term. Events are constantly shifting in size and shape. As Secretary Blinken has said, last February Russian forces were approaching Kyiv thinking that they would be able to capture the capital in just a few days; one year and four months on, Russia has had to defend Moscow from internal rebellion. As the Foreign Secretary said, what happens in Russia is a matter for Russia, but one thing remains completely certain: the security of our continent depends on Ukraine winning the war. I hope that, following discussions with Foreign Ministers, he is confident that Ukraine will get the military, economic, diplomatic and humanitarian support it needs in the coming months. I hope the noble Lord the Minister will also be able to reassure us that we will be reaching out beyond our current allies to ensure that all nations join us in the fight for this democracy and ensure that those who have maintained a neutral stance will see that recent events should change their mind. We must maintain the depth of support for Ukraine from the UK and its allies so that the Ukrainian people get the freedom and justice they deserve.