argyrotsipi/train-dataset huggingface dataset:
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): I and my staff—both my political staff and my DFID staff—did not brief that. What I can say is that if we can lift people out of poverty, which we need the private sector to do, as they are the ones who can create jobs and close that enormous funding gap on the global goals, I hope that in future years we will be able to spend less money on these things, because there will not be the need. But that lies many years ahead. There will always be a need for humanitarian aid, but we have made huge progress over the past few decades in lifting people out of poverty, and I want us to finish the job in Africa.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: Environment
Luke Patrick Graham (Conservative, Centre-right): I welcome the comments from the Secretary of State on her commitment to the 0.7% target. Will she reassure the House that it remains a mission of this House and this Government to tackle the global challenges of climate change, humanitarian crises and economic development?
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): I absolutely can. That is why I am saying to the House, to the City and to our fellow donor nations that we have to start levering in others to help us with this agenda. If we really want to develop the global goals—we have been talking about the billions to trillions agenda for a very long time—we need to start delivering on it. Today, I have set out how we will start to do that.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Nick Herbert (Conservative, Centre-right): My right hon. Friend is surely right to focus on the need to increase private sector investment in developing countries. However big the aid budget is, it will be dwarfed by private sector trade and investment flows, which are essential. Does she agree that aid is particularly important where private sector investment fails—for instance, in the development of new drugs that are essential to beat diseases such as tuberculosis?
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: Foreign Trade
Penelope Mary Mordaunt (Conservative, Centre-right): As I mentioned, CDC has a long history. It has been around for 70 years, and over that time it has done many things. One of my right hon. Friends, a former Secretary of State, got CDC to change how it focused its investments. It is focused now on the poorest countries, and on Africa in particular, which is where the heavy lifting is still to be done. CDC still has some legacy investments in places such as Latin America and so forth, but it is primarily concerned with Africa. We need to dispel some of the myths about investing in such countries. We get good and very competitive returns on those investments, and I urge financial institutions and investors to look at the opportunities that exist in Africa and Asia.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): I set a new, higher spending bar for the Department, because in addition to spending money well, we have a duty to ensure that it could not be spent better. That means ensuring that we are doing the right thing within the development world and doing the best we can with that budget to improve health and education, but we also need to look across to our domestic priorities. If we are as explicit as we can be about the benefits to the British public of what we are doing in aid—for example, research that we have done has led to new treatments that are being used today on our NHS wards—I think the public will be pleased with that.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): I thank the hon. Lady for her understanding of the issue of how we account for ODA. I can reassure her: this is the Government who introduced the 0.7%, and I have been an aid worker and believe in aid spending. I think that if we do not spend money on development, we pile costs on to other areas of public spending such as defence. I can also reassure the hon. Lady that the speech that I made today—I urge her to read it, if she has not already done so—makes it clear that we want to do more. Indeed, we must do more, because otherwise we will not deliver the global goals. So I can give the hon. Lady that guarantee. She is absolutely right: the public want to know where their investments are going. They want to know the environmental issues, and they want to know the social issues.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Rebecca Faye Clark (Pow) (Conservative, Centre-right): Does my right hon. Friend agree that the aid budget should be used to encourage investment from new sources, which includes helping the British public to invest in companies that will invest in the global goals? Does she agree that in the light of the serious and desperately troubling climate change and global warming issues raised this week, it is more important than ever for us to adopt this funding model, because otherwise we will never address the carbon issues that we face?
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): Let me reiterate that it is this Government who introduced the 0.7%. [Interruption.] We introduced it, and we have kept it. I am sure that Opposition Members have not read the speech that I made today—if they had, they would know that the thrust of it was about levering more in What we are trying to do has nothing to do with some doctrine of the purity of aid, or what we should do with public money. It is about changing people’s lives and about saving lives, and this is about our ability to deliver what is needed for us to do that. Because we are capitalising those investment vehicles, we are currently choosing to deal with ODA in one way. We argued for that, and we have agreement to do that. [Interruption.] What I am saying is that in future years, if we want to do more of this—if we want to make our aid budget more sustainable—we should explore these options now. We should do that in consultation with the people whose money we are spending, the British taxpayers, and in consultation with the organisations that are investing their savings and pensions. Otherwise, folks, we are not going to deliver the global goals, which is what we are here to do.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Philip Thomas Hollobone (Conservative, Centre-right): I congratulate my right hon. Friend on injecting a big, cold dose of common sense and reality into how international aid might best be delivered. The poor, starving child in Africa who lives in a tin shack and whose parents do not have work does not really care whether it is the private sector or the public sector that delivers that aid, but if the involvement of the private sector means that that child is fed, his family housed and his parents employed, then bring it on.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): I agree with my hon. Friend and stand ready to receive other advice from the Opposition Benches about how we might close the £2.5 trillion funding gap—the shadow Home Secretary is not allowed to help with the maths. If we can deliver that through private investment, we can deliver the global goals. We must stop this dogma in the aid sector that anything done by the private sector is a bad thing; it is the only way we can actually deliver the goals.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Huw William Merriman (Conservative, Centre-right): I remain committed to the 0.7% figure, but I have no issue if that is made up of taxpayers’ money and a rate of return from taxpayers’ money, so long as the sum total is 0.7%. But may I ask the Secretary of State for reassurance that decisions will be made not on what gives the greatest investment return, but on what will give the greatest humanitarian outcome?
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): Absolutely, and businesses are very interested in this agenda. They are interested in seeing how they can embed the global goals into their company reporting; there is huge demand for that, and for advice and support to enable them to do that. The possibilities are truly incredible, and we should support our entrepreneurs and those philanthropists who also want to donate, because they are another part of this issue with the potential that impact investing has. They want to do some good in this world, and we should support them to do that.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): I will circulate my speech to hon. Members Hon. Members must understand that ODA, the 0.7%, cannot be private funds; it can only be public funds—whether money Governments have put in or returns potentially from those funds in those publicly owned investment vehicles. The hon. Gentleman accuses me of playing to the gallery; I am sorry, but I think Opposition Members are doing that. I have not heard an Opposition Member stand up and defend good British business that wants to use its resources to help alleviate and eradicate poverty. We are behind that agenda, and I urge Opposition Members to get with it, too.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Kevin John Foster (Conservative, Centre-right): As the Secretary of State will know, hundreds of millions of people around the world have been brought out of extreme poverty by global trade and investment, so it is bizarre to hear it attacked today. Does she agree that proper aid policies, teamed up with sustainable investment and good trade, are the very thing that will deliver a vision for the future for many third-world countries, rather than a vision of Venezuela?
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): No, I am sorry, but the hon. Lady is confusing two things. There are private funds completely separate from Government, including pension funds and other financial instruments, investing in Africa, and that is what we want them to do—[Interruption.] Well, we do not do enough of it. There is £8 trillion in the City that could be levered to that cause, so we do not do enough of that. The hon. Lady is confusing that with something else—namely, public funds and publicly owned investment vehicles such as CDC, the India Infrastructure Fund and the Private Infrastructure Development Group. Their profits, which are wholly public funds, have the potential to be used for years hence to count towards our aid.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Rachel Helen Maclean (Conservative, Centre-right): Does my right hon. Friend welcome the fact that, as we leave the EU, we will be able to have additional control over the £1.5 billion within our international aid budget that we currently channel through the EU? Does she think that we could use that money to achieve the global development goals?
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
Penelope Mary Mordaunt (Conservative, Centre-right): I refer the hon. Gentleman to the answer that I gave a moment ago. These are two different things, and I think many Opposition Members are confusing them. One reason why we are in the 0.7% club is that we do not mark our own homework; someone else does. That should provide some reassurance to people that we are not doing something that we are saying we are There is a difference when it comes to what a private company, entirely separate from Government, chooses to do—and what we are trying to encourage them to do: do some good in the world by investing in the developing nations that need investment and get a great return on their investment. There is a separate issue about what we do with public funds, which count towards the ODA spend. We are not talking about using private funds to replace that In terms of the Development Assistance Committee rules, we are talking about looking at how we count ODA, and about ensuring that when we get returns back we have more flexibility on what we do with them. We could spend more money on development or we could retain our 0.7% commitment and spend some of those returns on the national health service.
Government Overseas Aid Commitment: Private Investment — House of Commons, 2018-10-09
Topic: International Affairs
John Simon Bercow (Conservative, Centre-right): Order. I am grateful to the Secretary of State. I appreciate that it is sometimes convenient, not least within Government Departments, for Ministers to use shorthand, but for the avoidance of doubt and for the benefit of those attending to our proceedings who are not within the curtilage of the Chamber, I should point out that ODA refers not to an unpleasant smell but to overseas development assistance.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: International Affairs
Dominic Rennie Raab (Conservative, Centre-right): I thank the shadow Brexit Secretary—for his opening remarks at least. He asked a number of questions. First, let me say that the Prime Minister would not normally update the House on an informal summit; that was not the practice under the previous Labour Governments, as he probably well knows. He asked me about the October Council. We have always been clear that we would aim for the October Council but there would be leeway that it might slip into November—we are still clear on that. The October Council next week will be an important milestone. We expect that to be a moment where we will make some progress. Of course, as I have said already in my remarks, we need the EU to match the ambition and the pragmatism that we have shown The shadow Secretary of State asked whether we were signing up to an indefinite customs union for Northern Ireland; no, that is categorically not correct.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: International Affairs
Dominic Rennie Raab (Conservative, Centre-right): Had the hon. Gentleman been paying attention, he would have heard me set that out clearly in my statement The shadow Secretary of State talked about investment into this country, so I was surprised that he did not welcome Rolls-Royce’s recent decision to increase its investment in the UK or Unilever’s decision to maintain its dual UK-Dutch structure The shadow Secretary of State referred to my letter asking him some of the most basic questions on Labour’s policy on the substance. He has almost become the prince of process: he argues about protocol and procedure but cannot answer a single question on the substance. In reality, we got some answers at the Labour party conference. We had the shadow Secretary of State saying that Labour would whip a vote against any deal outside the customs union that the United Kingdom strikes with the 27 EU member states. Let us be clear: if all 28 Governments agree on a deal that works for the UK and for the EU, the Labour Front-Bench team, at least, would vote against it—they would try to veto it Worse still, the leader of the Labour party, the right hon. Member for Islington North (Jeremy Corbyn)—I am glad that he is present to answer for this—has opened the door to a second referendum. That is a thinly veiled ruse to reverse Brexit altogether. It is now clear to every voter that the Labour leadership team have trashed their promise at the general election to deliver on Brexit; they have allowed political opportunism to consume what is in the national interests; and they have demonstrated, yet again, that they are just not fit to govern.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: Foreign Trade
Kenneth Clarke (Conservative, Centre-right): Our opening offer from the Chequers meeting is that we will join part of the single market, so long as we do not comply with all its rules as they are at the moment, and that we will join the customs union, so long as we are allowed to have an exception that allows us to put holes through the tariff wall with our own third-party agreements with other countries. The other EU leaders have been signalling for months that that is unacceptable, and so far it has not got us very far As our chief negotiator, will the Secretary of State assure me that he now expects that, as with all international organisations, the EU will indeed move a little nearer to our position, just as we move a little nearer to its position as a matter of compromise? Will he reject as quite ridiculous the arguments from some quarters that we can resolve this serious international dispute by tearing up Chequers and moving even further away from the EU’s minimum requirements for anybody to have an open trading relationship with the continent?
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: Foreign Trade
Dominic Rennie Raab (Conservative, Centre-right): I thank my right hon. and learned Friend for his comments. Our proposals deliberately deliver on not only the referendum result but the manifesto commitment that all Conservatives stood on at the general election, which was to exit the customs union but secure the best possible trading relationship and preserve the integrity of the whole United Kingdom. As my right hon. and learned Friend said, we have clearly set out the ambition and pragmatism of our proposals and it is now quite right to expect the EU to move in our direction. If the EU does match that ambition and pragmatism, I am confident that we can still reach a deal.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: International Affairs
Dominic Rennie Raab (Conservative, Centre-right): I thank the hon. Gentleman for his call for sensible and respectful debate and agree with him that every effort needs to be made to preserve our precious Union. One thing that is very clear in this House, notwithstanding all the differences that we have, is that we will not allow any proposals from the EU to draw a customs line down the Irish sea The hon. Gentleman asked about Northern Ireland and our proposals. Our White Paper proposals on the economic partnership will provide the long-term sustainable answer to this question. As well as preserving frictionless trade with our EU partners, they will, in the process, resolve the concerns around the Northern Irish border. At the same time, we remain committed to the joint report in December, which would be for a limited, finite and temporary backstop The hon. Gentleman also asked about economic analysis. That will be made available in time for the meaningful vote. Finally, he asked about staying in the single market and the customs union. The reality is, as he well knows, that if we stay members of the single market and the customs union, we would not be leaving the EU.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: International Affairs
George Iain Duncan Smith (Conservative, Centre-right): I am astonished that my right hon. Friend has written to his opposite number attacking Labour policy. Nobody here knows what Labour policy really is, so perhaps he can share those letters with us to help us understand it better Did my right hon. Friend read the recent paper by two former Northern Ireland Secretaries of State, Lord Trimble and my right hon. Friend’s predecessor, my right hon. Friend the Member for Haltemprice and Howden (Mr Davis), explaining how practical solutions are available right now to resolve any issues around having a hard border in Northern Ireland? If he read it, does he agree that that paper demonstrates that there is now no need for a backstop proposal?
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: International Affairs
Dominic Rennie Raab (Conservative, Centre-right): I thank my right hon. Friend for his questions. The search for a Labour party policy on the EU and on Brexit continues, but on the reports that he mentioned—there have been various reports on the technical solution to Northern Ireland—they have provided very important, useful additional insights. The reality is that we have committed, on top of the technical solutions, to agree a legally binding backstop with the EU, but it will have to be temporary and it will have to meet the conditions that we have set out and that the Prime Minister repeated in her statement after the Salzburg summit.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: International Affairs
Dominic Rennie Raab (Conservative, Centre-right): The point is that we hope the backstop will never be used. If it is required, it should be for a temporary, limited period. The right hon. Gentleman asked how that can be guaranteed. In fact, there are limits to the extent to which the EU can rely on article 50 for the backstop—there are very real legal concerns on the EU side—but of course we expect that there is no deal until we have the whole deal. That includes not just the withdrawal agreement and the protocol on Northern Ireland, but clear steps and a clear pathway to the future relationship, which will provide the lasting, sustainable answer on the Northern Ireland issue by ensuring that we have frictionless trade.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: International Affairs
William Nigel Paul Cash (Conservative, Centre-right): Given the vote to leave and the promised future control over our laws in this Parliament, why are UK voters and businesses being confronted indefinitely with binding EU rules on goods that are made behind closed doors by 27 other member states, with no effective parliamentary lock? Or will the Secretary of State explain now how the parliamentary lock that is being put about would actually work in practice, rather than in theory?
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: Foreign Trade
Dominic Rennie Raab (Conservative, Centre-right): I do not accept that characterisation of the White Paper proposals. There would be not just technical consultation, but consultation on any legislative proposal in advance. My hon. Friend is right to say that we would be taking an up-front decision to sign up to the common rulebook on industrial goods and agrifood in order to maintain frictionless trade. There would be a parliamentary lock, but we would have to be mindful—as the White Paper sets out—of the consequences of exercising that lock.
EU Exit Negotiations — House of Commons, 2018-10-09
Topic: Foreign Trade
Dominic Rennie Raab (Conservative, Centre-right): We have been very clear that the arrangement needs to be time-limited. We would not accept an arrangement that drew a customs border down the Irish sea. It needs to be limited so that we can bridge to the future relationship, which would give us all the advantages of free trade that we want to take advantage of, including export opportunities from Latin America to Asia, and the reduction of the cost of living here at home.