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Speech: PM speech to the Lord Mayor's Banquet: 28 November 2022

Prime Ministers Office 10 Downing Street

November 28
21:45 2022

My Lord Mayor,Ladies and Gentlemen,

Whether by virtue of history or accident of geography, our country has always looked out to the world.

Iwasbornin Southampton

a port city the Victorians called the gateway to the world

where the Mayflower set sail

where Spitfires were built and allied troops embarked on D-Day.

And just as we look out to the world, so the world often looks to Britain.

Like many others, my grandparents came to the UK, via East Africa and the Indian subcontinent and made their lives here.

In recent years, weve welcomed thousands of people

from Hong Kong, Afghanistan, and Ukraine.

Were a country that stands up for our values

that defends democracy byactions not just words

A countrythat commits not just our resources but our ingenuity to better the lives of others,and ourselves.

Ukrainian flagshave flown over almost every town and city on these islands for the past nine months.

No one told people to put them there.

They felt moved to show solidarity with people theyve never met, in a country most have never even visited

to show their faith in fairness, freedom and the rule of law.

These values are constant.

They are set in stone.

But as the world evolves, so does our application of those values.

As Edmund Burke argued, circumstances and context are everything.

And today the pace of geopolitical change is intensifying.

Our adversaries and competitors plan for the long term.

After years of pushing at the boundaries, Russia is challenging the fundamental principles of the UN Charter.

China is conspicuously competing for global influence using all the levers of state power.

In the face of these challenges, short-termism or wishful thinking will not suffice.

We cant depend on Cold War arguments or approaches, or mere sentimentality about our past.

So we will make an evolutionary leap in our approach.

This means being stronger in defending our values and the openness on which our prosperity depends.

It means delivering a stronger economy at home, as the foundation of our strength abroad.

And it means standing up to our competitors, not with grand rhetoric but with robust pragmatism.

We will do all this

not only through our diplomatic expertise, science and tech leadership, and investment in defence and security

but by dramatically increasing the quality and depth of our partnerships with like-minded allies around the world.

We will set out more detail in the updated Integrated Review in the new year

including how well work with friends in the Commonwealth, the US, the Gulf states, Israel and others.

But tonight Id like to describe how were already making this evolutionary leap in three other places.

First,as westand by Ukraine, were also reinvigorating our European relationships to tackle challenges like security and illegal migration.

Second, were taking a longer-term view on China, strengthening our resilience and protecting our economic security.

And third, were seizing the huge opportunities on offer in the Indo-Pacific by building deep and long-lasting partnerships.

First, Ukraine.

In Kyiv, I just saw how Russias focus is shifting from bruising encounters on the battlefield to brutalising the civilian population.

It waswritten in the scarred buildings and the piles of rubble lining the streets

in the stories of the first responders I met from liberated Kherson

from the torture chambers to the booby traps left in childrens toys.

As the world comes together to watch the World Cup

I saw how an explosive device had been hidden inside a childs football seeking to make it a weapon of war.

It defies belief.

So be in no doubt, we will stand with Ukraine for as long as it takes.

Next year we will maintain or evenincrease our military aid.

And we will provide new support for air defence, to protect the Ukrainian people and the critical infrastructure they rely on.

By protecting Ukraine, we protect ourselves.

With the fall of Kabul, the pandemic, the economic strife, some said the West was weak.

In fact,our response in Ukraine has shown the depth of our collective resolve.

Sweden and Finland are joining NATO.

Germany is increasing its defence spending.

Partners as far afield as Australia, Japan and South Korea are standing with us.

Weve developed an entirely new sanctions model.

And through NATO and the Joint Expeditionary Force were guarding against further Russian aggression

whether in the east or the High North.

Were also evolving our wider post-Brexit relations with Europe

including bilaterally and engaging with the new European Political Community.

But this is not about greater alignment.

Under my leadership well never align with EU law.

Instead, well foster respectful, mature relationships with our European neighbours on shared issues like energy and illegal migration

to strengthen our collective resilience against strategic vulnerabilities.

And that brings me to my second point.

We also need to evolve our approach to China.

Lets be clear, the so-called golden era is over

along with the nave idea that trade would automatically lead to social and political reform.

But nor should we rely on simplistic Cold War rhetoric.

We recognise China poses a systemic challenge to our values and interests

a challenge that grows more acute as it moves towards even greater authoritarianism.

Instead of listening to their peoples protests, the Chinese Government has chosen to crack down further

including by assaulting a BBC journalist.

The media and our parliamentarians must be able to highlight these issues without sanction

including calling out abuses in Xinjiang and the curtailment of freedom in Hong Kong.

Of course, we cannot simply ignore Chinas significance in world affairs

to global economic stability or issues like climate change.

The US, Canada, Australia, Japan and many others understand this too.

So together well manage this sharpening competition, including with diplomacy and engagement.

Much of this is about dramatically improving our resilience, particularly our economic security.

Thats why we created new powers under the NationalSecurity and Investment Act

its why we used them this month toblock the sale of Newport Wafer Fab.

Its why we took action on 5G.

And its whywere ending global dependence on authoritarian regimes starting with Russian gas.

Now were also acting to deepen our ties in the Indo-Pacific the third example of where were evolving our approach.

Before I came into politics, like many of you, I invested in businesses around the world and the opportunity in the Indo-Pacific is compelling.

Take Indonesia, which I visited just this month.

Its a young, vibrant country

the worlds third largest democracy

poised to become a top 5 global economy.

By 2050, the Indo-Pacific will deliver over half of global growth

compared with just a quarter from Europe and North America combined.

Thats why were joining the Trans-Pacific trade deal, the CPTPP

delivering a new FTA with India

and pursuing one with Indonesia.

But in the Indo-Pacific economics and security are indivisible.

60% of global trade passes through regional shipping routes

including choke points like the straits of Malacca.

Its in our interests to keep these trade lines open.

Thats why we joined the Five Power Defence Arrangements withAustralia, Malaysia, New Zealand and Singapore half a century ago.

And its why were evolving new long-term defence, industrial and technological partnerships

like AUKUS with Australia and the US

and the Future Combat Air System with Italy and Japan.

By deepening these ties well help protect the arteries and ventricles of the global economy

supporting security and prosperity both at home in our European neighbourhood and in the Indo-Pacific.

My Lord Mayor,

As we meet here tonight, the people of Ukraine are hunkered down in freezing temperatures, on the front line of the fight for freedom.

In Iran, women are displaying the most humbling and breath-taking courage

refusing to bow to thuggish, theocratic control.

And tomorrow Irans football team will again stand with them in solidarity facing unknown consequences as a result.

Freedom and openness have always been the most powerful forces for progress.

But they have never been achieved by standing still.

As Henry Kissinger wrote:

during periods of crisis whether war, technological change or economic dislocation management of the status quo may be the riskiest choice of all.

Under my leadership we wont choose the status quo.

We will do things differently.

We will evolve

anchored always by our enduring belief in freedom, openness and the rule of law

and confident that in this moment of challenge and competition

our interests will be protected and our values will prevail.

Thank you.

Published 28 November 2022

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