VoteClimate: Russian Assets: Seizure - 14th March 2023

Russian Assets: Seizure - 14th March 2023

Here are the climate-related sections of speeches by MPs during the Commons debate Russian Assets: Seizure.

Full text: https://hansard.parliament.uk/Commons/2023-03-14/debates/39A33641-F699-4244-B437-C6A2447C68E2/RussianAssetsSeizure

17:55 John Whittingdale (Conservative)

Work has been done on this question, and I pay tribute to the New Lines Institute for Strategy and Policy and, in particular, Dr Azeem Ibrahim, who in conjunction with other international experts has been developing a plan for how we should go about seeking reparations from the Russian state. There are some legal precedents. Two have been identified, the first being the 1946 Paris agreement on reparation, which provided for the seizure of German public and private property in the aftermath of the second world war. As my hon. Friend the Member for Isle of Wight (Bob Seely) mentioned, a more recent precedent was the establishment of the Kuwait compensation fund under the UN compensation commission, which used the proceeds of the Iraqi oil industry to pay out compensation totalling something like $52 billion to 1.5 million claimants.

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