National Security and Russia — House of Commons, 2018-03-26
Topic: International Affairs
Thomas Georg John Tugendhat (Conservative, Centre-right): The right hon. Gentleman will know that I of course agree with him. Energy policy is essential to playing our hand properly. From this House, I urge my German friends, as I have done face to face, to not bow to the Russian idea of a pipeline straight to Germany. That would effectively remove the diplomatic and political leverage that countries to the east otherwise have. It would weaken Germany and it would weaken all of us, because we are stronger when we stand together and weaker when we are divided. We must look at eastern Europe not as a sphere of influence, and not, as some do, as an area in which the west has provoked Russia, as though the Ukrainian people are some sort of slave adjunct to the Russian empire. That is not true. They are free people, as we are free and as any country is free, and they have the right to determine their own future. Energy policy is being used as a weapon against them I must make some progress. I hope the House will forgive me as I speed through and point to a few of the violations and the lies that have been used. We have heard Crimea cited—the first time a border has been changed by force since the second world war. We have heard about the occupation of Georgia—I wish that Her Majesty’s Government would refer to it as such, because it is one—and we have heard time and again about the attacks in Montenegro, the lies in Berlin and the fraudulent electioneering in France and possibly even in the United States. We have heard again and again about these deceptions, and we must now hear much more actively about the response. My right hon. Friend the Prime Minister set out some good starts and very strong ideas and I welcome them, but I now want to see them being used My right hon. Friend the Foreign Secretary said the other day in the Committee that he was looking forward to seeing the Magnitsky Act being used, but that it was not a political tool. Technically, he is right: it is a legal tool and therefore for the police, but it will demand that our embassy staff, our intelligence officers and others put forward the cases, so that the police know who the human rights abusers are and who the people are who should be caught up in this. It will also require the tools of our diplomats and intelligence officers, so that we know who the oligarchs are who are part of the Russian/Kremlin/mafia-controlled kleptocracy. We need to know them and identify them, and by doing so, we need to act against them If I may, I will ask for one last thing: that we look at Russian sovereign debt being traded here in London even now. We hear again and again about the importance of London’s capital markets, and they will find few greater supporters than me, but through the London clearing house—an absolutely essential element of world trade that underpins in so many ways the debt markets that allow us all to prosper—we have links around the world. One of them is to Russian sovereign debt. The Russian Government, unlike other Governments, do not use Russian sovereign debt merely to finance themselves; they are now using it to sanctions bust. They are using their sovereign debt to refinance and capitalise organisations that have otherwise been banned. One of them is VTB Bank, which we heard about a little while ago—it has been reported on and I must pay tribute to Emile Simpson, who has done extraordinarily well to expose so many of these issues. We can use sovereign debt here too, as a tool and a weapon, because we are being fought on every single level in a cross-spectrum battle by an organisation that does not work for the Russian people, but feeds off them. It does not work for prosperity, but feeds off it, and it does not work for stability, but destroys it I welcome what my right hon. Friend the Prime Minister has set out, and I look forward to supporting her as she enacts those policies.