Commonwealth — House of Lords, 2019-03-28
Topic: International Affairs
Raymond Collins (Labour, Centre-left): I thank the noble Lord and my noble friend for their interventions. They might mean that my contribution will go on a little longer, so I hope I shall be forgiven for that. The point I am trying to make is that it is not a matter of us simply imposing or even saying that we are right and they are wrong. By engaging in economic activity and making the case for diversity and equality, we are saying that business will do better and people will be more productive. That is what I want to hear every time the noble Lord meets the President of Uganda or anyone else. Certainly there is a strong business case: the United Nations business case for diversity and equality. I hope all our trade envoys are making this case because we want not just the noble Lord to say it but for the private sector and investors to say it. That is when we will see proper change At Oral Questions on 13 March, the noble Lord, Lord Chidgey, sought assurances on whether the $500 million spent on projects and programmes initiated since CHOGM was being spent wisely and effectively. He asked about monitoring and oversight procedures. The Minister responded: "Each of the four thematic areas identified at CHOGM—fairness, sustainability, prosperity and security—is overseen by the UK Commonwealth envoy. Quarterly steering board meetings assess progress and beneath that is a raft of other structures".—[Official Report, 13/3/19; col. 1016.] But what of accountability? Surely we can improve on what the noble Baroness told the noble Lord, Lord Chidgey. I would hope that, as a minimum, the briefing initiated by the noble Lord, Lord Ahmad, could be put on a regular footing so that we engage with parliamentarians of both Houses on what progress we are making in our position as chair-in-office. Seeing how we succeed will make the Commonwealth more relevant to parliamentarians We have heard a lot about trade, and certainly, following the EU referendum, the importance of trade within the Commonwealth has been stressed. I agree with noble Lords: trade with the Commonwealth is something that we should talk up as much as possible, irrespective of the debate about the European Union. It is a vital element for us. As the noble Lord, Lord Howell, said, member states have a "Commonwealth advantage", where shared values, regulatory systems and language have the potential to increase intra-Commonwealth trade. Incidentally, I do not think we should talk about promoting trade simply in the context of the UK’s interests; we should talk it up more loudly I think the noble Viscount, Lord Waverley, referred to the fact that at Commonwealth ministerial round tables there has been an agreement to increase intra-Commonwealth trade, with a projected increase to $1 trillion by 2020. A year ago, my noble and learned friend Lady Scotland said that the Commonwealth is likely to miss that target. She predicted a figure of around $700 billion. What are we doing to engage on that? What is the Government’s assessment of how to overcome trade barriers facing Commonwealth countries? At CHOGM in London last year—the first since the Brexit vote—I would have liked to hear a louder declaration of that. Sadly, the noble Lord, Lord Marland, is not in his place, but at CHOGM and today, as chair-in-office of the Commonwealth Enterprise and Investment Council—I have heard his arguments many times—he talked about the barriers to trade, including abuse of the rule of law, lack of trust in trading partners and so on. He has argued today, as he has before, that we should focus on building the capacity within the Commonwealth to ensure that businesses confronted by such obstacles are supported No mention has been made of development and the CDC, for example. I welcome the Government’s potential increase in investment for the CDC, but that leverages more capacity in the private sector. We need to see how its activities are linked to sustainable economic growth and not just one-off investments. That is the problem with a lot of Chinese investment. I was in Zambia before Christmas and witnessed some of the impact of Chinese investment, with fridges being built entirely by Chinese labour. There was no local, sustainable employment. We can do better than that and we should be focused on it I conclude by making a plea. We have the anti-corruption strategy and we have had anti-corruption summits. According to the World Economic Forum, corruption is the single greatest obstacle to economic and social development around the world. Every year, $1 trillion is paid in bribes, while an estimated $2.6 trillion annually is stolen through corruption. That sum is equivalent to more than 5% of global GDP. We would not need ODA if we tackled corruption. We could have stronger economies in Africa. I should like to hear from the noble Baroness how we are committed to tackling tax havens and international finance policies that have resulted in developing countries haemorrhaging billions of dollars in taxable financial resources. I am sorry to have gone on for so long but I was interrupted twice.