Sri Lanka: Truth Commission Debate
Full Debate: Read Full DebateLord Bruce of Bennachie
Main Page: Lord Bruce of Bennachie (Liberal Democrat - Life peer)Department Debates - View all Lord Bruce of Bennachie's debates with the Foreign, Commonwealth & Development Office
(2 years ago)
Lords ChamberMy Lords, the noble Lord is right, and we have of course worked very closely on the humanitarian situation. In advance of the Summer Recess, I met his colleague, the honourable Catherine West, who is the Shadow Minister for Asia, to share with her the details of our humanitarian support—£3 million was specifically allocated. The noble Lord rightly raises the UN assessments and, as he will know, we are working very closely with UN agencies, not just OCHA but others, to ensure that issues of nutrition and medical support are addressed, particularly with other key agencies, such as UNICEF, with a focus on women and children.
My Lords, it is the turn of the Liberal Democrats.
My Lords, bad governance, conflict and human rights abuses have pushed Sri Lanka to the brink. It is reported that its debt to China is $7.4 billion, or nearly 20% of its public external debt. So will the Government work with Sri Lanka—yes, to help it address its internal reconciliation, but also to reduce its exposure to China and dependence on Russian oil and to ensure that it can engage with the whole world, rather than being pushed to one side?
My Lords, I agree with the noble Lord—this is why we are working very closely. When I was last in Sri Lanka, we worked on the specific importance of ensuring the restructuring of its debt with the IMF. That programme will take time—up to about six months—to ensure the outcomes. The noble Lord is also right on infrastructure support. It is not just Sri Lanka; many countries across that region and beyond are reliant on Chinese infrastructure, which results in very long-term indebtedness to China. We are looking to see how we can form alliances and partnerships to overcome this, and the IMF rescheduling of the debt is the first step towards that. In the longer term, picking up on what I heard my noble friend say about the Commonwealth—it is good to have two ears, rather than just one—there is a role for it to play in this, which is why we are pleased that India has come forward and given credit lines to Sri Lanka to help it through its current economic troubles.