CONSERVATIVE
New Forest East

PRIME MINISTER – DEPENDENCE ON RUSSIA & UK DEFENCE BUDGET - 22 February 2022

PRIME MINISTER – DEPENDENCE ON RUSSIA & UK DEFENCE BUDGET - 22 February 2022

Dr Julian Lewis: Does my right hon. Friend accept that too many NATO Governments and political parties have accepted energy dependence on Putin and financial dependence on dodgy donations from Russian oligarchs? Given that we spent between 4.5% and 5% of GDP on defence throughout the 1980s until the end of the cold war, will he now accept 3% of GDP on defence as a suitable future benchmark?

[The Prime Minister: My right hon. Friend is completely right to say that we have failed to wean ourselves off dependence on Russian hydrocarbons since 2014. That has been a tragic mistake by European countries. In the UK, we are in the fortunate position of having only 3% of our gas coming from Russia, but other European countries have learned that they have much more to do. By the way, I salute the decision of the German Chancellor, Olaf Scholz, to cancel Nord Stream 2. It is a brave step by Olaf and the right thing to do. On my right hon. Friend’s point about defence spending, actually we are up at 2.4% of GDP – I think that is one of the highest figures in NATO – and we are the second biggest contributor and military power in NATO already.]