Sanctions

Part of the debate – in the House of Commons at 5:26 pm on 22nd September 2022.

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Photo of Jesse Norman Jesse Norman Minister of State (Foreign, Commonwealth and Development Office) 5:26 pm, 22nd September 2022

As my hon. Friend has brilliantly anticipated, I am not in a position to comment on any individual case, but I can say that these powers of designation as to travel bans and asset freezes now have a significantly wider scope to include family members. I take the point he has made in relation to that specific individual—I am sure my officials will have noted it—and I thank him for his intervention.

The fourth and final set of regulations are the No. 14 regulations, which introduce further trade sanctions. The regulations prohibit the export, supply, delivery and making available of a comprehensive list of critical goods, energy-related goods and related ancillary services—services that Russia had relied on G7 nations to supply. These goods had a combined market value to Russia of £365 million last year. The instrument also bans the import, acquisition, supply and delivery of Russian coal; that measure entered into force on 10 August.

That is on top of prohibitions on the import, acquisition, supply and delivery of Russian oil, which will come into force before the end of this year; and on the import of gold that directly or indirectly originates in Russia, which entered into force on 21 July. Ancillary products and services on coal, oil and gold exported from Russia are also prohibited. A further ban covers the provision of business and management consulting services, public relations and accounting services to persons connected with Russia.

These hard-hitting new measures continue the Government’s project of ratcheting up the pressure on Russia. We will continue to do this in close concert with our allies until Putin ends his illegal invasion of Ukraine. I commend these regulations to the House.