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Processed Russian Oil Products: Sanctions
As it happens I am not on the Russian sanctions list, although when I raised this with the Russian—
Wed 20 May
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Processed Russian Oil Products: Sanctions
I think I might be on the right hon. Lady’s sanctions list! But in actual fact, when I raised this with the Russian ambassador—I was a bit upset—he said, “Well, we have many lists, Mr Bryant.” I do not know whether I am on a target list, which is maybe slightly different. I am not ashamed of what we are doing today. As a very stout defender of Ukraine’s right to defend itself, and as somebody who argued for a very long time that we should be trying to make sure that Russian frozen assets were ma
Wed 20 May
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Processed Russian Oil Products: Sanctions
Mr Speaker, you will be aware of the phrase that sometimes it is conspiracy and sometimes it is something else. I just want to say that, in relation to communications, there is no conspiracy. Nobody is trying to undermine our support for Ukraine. The statutory instrument on the tougher measures was always going to come into force today. Up until today it was perfectly legal to import Russian products that had been refined in third party countries into the UK. It will no longer be legal to do so.
Wed 20 May
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Processed Russian Oil Products: Sanctions
Well, it has not been an argument that I myself have advanced, although obviously I stand by my Labour colleagues if that is the argument that they have been making—I am part of a team, after all. The point I would make in relation to drilling in the North sea is that I think it is a wrong argument to say that if we were to issue new licences today that would affect the energy prices we are facing because of the situation in the middle east. What we absolutely have to do is make sure that we dea
Wed 20 May
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Processed Russian Oil Products: Sanctions
Absolutely. In Kyiv earlier this year, I was really proud to see one of the bridges, which had been blown up when the Russians were advancing in the hope of taking Kyiv immediately, that has been reconstructed with UK Export Finance support and British steel made in Glasgow—it only took five weeks to transport it out there. It was designed by British engineers, working with Turkish counterparts. I am really proud of the work we are doing on reconstruction in Ukraine. I thought it was absolutely
Wed 20 May
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Processed Russian Oil Products: Sanctions
The one bit of the right hon. Gentleman’s remarks that I completely agree with is that we have handled this clumsily. That is entirely my fault, and I apologise to all hon. Members, because I think we have ended up giving the wrong impression of what we are trying to do. We are trying to strengthen the regime, not weaken it. We are not waiving any sanction. From today, and for the first time, we have legislation in place that means that it will be illegal to import Russian goods that have been r
Wed 20 May
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Processed Russian Oil Products: Sanctions
It is true that this piece of the jigsaw in relation to sanctions policy lies across two Departments. The Foreign, Commonwealth and Development Office is in charge of sanctions policy, and we in the Department for Business and Trade have responsibility for trade and export licences. That is why there has been a bit of a miscommunication between the two Departments. I have to tell the House that that is entirely my fault and nobody else’s, so if anybody wants to have a go at anybody, they can hav
Wed 20 May
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Processed Russian Oil Products: Sanctions
I welcome the hon. Member to his new responsibilities, though I must say that I really liked his predecessor—I got into terrible trouble when I tweeted that, so maybe I should not say it in the House either. It is good to see the hon. Member in his place. He makes an interesting argument and one that I would expect him to make. It is true that I am bound by collective responsibility. I am not trying to evade that; it is just that sometimes I do not know the answers to all the questions that appl
Wed 20 May
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Processed Russian Oil Products: Sanctions
Well, I apologise for the rhetoric and bluster, but it is my general way of doing things, so it seems a particularly cruel attack from my colleague! The serious point to make is that I am proud of what we are doing today. I am not hiding away from what we are doing, but we could definitely have communicated it better, and that is entirely my fault.
Wed 20 May
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Processed Russian Oil Products: Sanctions
The hon. Gentleman makes an extremely good point. That is one of the reasons we thought it was important to phase the process. Because of the time lag, we needed to make it possible for businesses not to be caught in legal limbo, as it were, as a result of the sanctions coming into force today. It is probably best if I write to him with the details and put a copy of the letter before the House, because it might be useful to other business folk as well. We are providing additional information on
Wed 20 May
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Processed Russian Oil Products: Sanctions
I completely agree with my hon. Friend, and that is the tenor of the conversation that has been happening. He will know that the Prime Minister has been chairing regular meetings to consider the impact of the situation in the middle east. This is undoubtedly one area where we had to take action to minimise the instability in the market so as to protect British businesses—which are already exposed to energy costs that are high enough, if not too high—and British families. He makes a good point; w
Wed 20 May
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Processed Russian Oil Products: Sanctions
I think the hon. Gentleman wrote the first half of that question before he heard what I had to say on the subject. I want to make it absolutely clear, once again, that up until now it has been possible for people to perfectly legally import into the UK refined products that have been processed in third countries but that originated from Russian crude oil. That is changing because of the legislation we have introduced, which applies from today. We are doing this in a phased way, which is why the
Wed 20 May
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Processed Russian Oil Products: Sanctions
My hon. Friend is right that we need to ensure that these sanctions are not only implemented but effective. We need—I think the previous Government felt this as well—a constant ratchet or a whack-a-mole approach to tackling any new diversion there might be that Putin might take advantage of. He talked about jet fuel, and I am feeling a bit guilty because unfortunately last night I had to fly back from Strasbourg—that was just as well, because otherwise I would not have been able to answer the UQ
Wed 20 May
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Processed Russian Oil Products: Sanctions
The hon. Lady knows that I am very fond of her—
Wed 20 May
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Processed Russian Oil Products: Sanctions
I am terribly sorry; I am so fond of the right hon. Lady that I think of her in a commonplace way, or should I say a common-sense way? She was, of course, the Minister for common sense—although, despite that, she never took any measures to stop the import of Russian oil into the UK when she was a Minister. Oh dear.
Wed 20 May
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Processed Russian Oil Products: Sanctions
I completely agree with my hon. Friend’s comments. Notwithstanding his point that every time the price of oil around the world goes up, that is a benefit to Putin—that is one of the problems and ironies of the situation in the middle east at the moment—I would also point out that Russia’s economy is stagnating because of the sanctions we have imposed. Growth has slowed to a crawl; this month, Russia slashed its economic growth forecast again, and international sanctions have deprived Russia of a
Wed 20 May
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Processed Russian Oil Products: Sanctions
I will try again. The point I am making is not the point the right hon. Gentleman thinks I am making. The point I am making is that, up until now, we have been doing precisely what he said. We have been allowing Russian oil processed in other countries to come into the UK without any impediment whatsoever. That is precisely what we are putting an end to. If he had stood up last week, the week before that, the week before that, or the week before that, and called for us to put an end to it, I wou
Wed 20 May
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Processed Russian Oil Products: Sanctions
We have not suspended, waived or got rid of any existing sanctions of any kind whatsoever. We are introducing new sanctions. This is our latest set of sanctions. In fact, I have also been keen to try to ensure that when things are exported to a third country legally but we think they might end up in Russia, which would then be a breach of the sanctions, a licence is needed—for the first time. We are introducing new legislation for end-use sanctions controls, and we will be the first country to d
Wed 20 May
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Processed Russian Oil Products: Sanctions
We are putting an end to the import of these products from Russia. We want to debilitate and degrade the Russian war machine. The point I would make to the hon. Member is that even if we were to grant licences today for further exploration, that would not solve the problem that we have today, arising from the instability in the energy market because of the war in Iran.
Wed 20 May
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Processed Russian Oil Products: Sanctions
I am trying to do that here, now, live. Indeed, I went to see the BBC earlier and gave it a clip. Just to be absolutely clear, we are not suspending any sanctions. The sanctions regime in the UK is tougher today than it was yesterday, a week ago, or a year ago. I am certain that as I in the Department for Business and Trade and my colleagues in the Foreign Office continue to look into the constant diversion and subversion of our sanctions regime, the regime will get even tougher as the months an
Wed 20 May
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