(2 years, 2 months ago)
Lords ChamberAs I have said, future decisions are for the spending review, but the Prime Minister has said that he expects it to set out a trajectory towards 2.5% by the end of the decade. In relation to the noble Lord’s first comment, President Zelensky made clear during the Prime Minister’s recent visit to Kyiv that Ukraine has no interest in surrendering sovereignty, and we want to support it to finish the war on the terms he describes.
My Lords, my apologies for arriving a minute late to my noble friend’s Statement; it came up a fraction sooner than I expected and quicker than I could run to get here. I wish, if I may, to ask a question, but first of all I agree with those who welcome the orderly transfer of the secretary-generalship of the Commonwealth. As I said in the debate which we had on Thursday on this subject, I think that is the right way for it to go: it gives the present secretary-general a chance, as it were, to wind up and complete her term of office—I know that she has some more leadership ideas for facing Commonwealth difficulties to share with us, so that is a good thing.
My question is this. Did I hear in reports, but not in this Statement, that at the G7 the Ministers and the Heads of Government entertained the idea of trying to create a counter to the belt and road initiative of the Chinese, which now involves memoranda of understanding with 141 countries, and two-thirds of the Commonwealth as well? This is a huge entanglement by China. I know that most of the first two gatherings were about Ukraine, but it is relevant because it is of course China’s neutral stance that is influencing half the world not to support us in challenging the Russian atrocities, but instead apparently to condone them. As long as that goes on, and half the world is not with us against the Russian horrors, and against their attack on humanity and international law, then Putin is going to get some encouragement to continue, so I would like to know whether there is anything in the brief on that particular subject.
What my noble friend is asking about is the Partnership for Global Infrastructure and Investment, which I mentioned in response to the noble Lord, Lord Newby, which is the G7 initiative to narrow the investment gap for sustainable, inclusive, climate-resilient and quality infrastructure in emerging markets and developing countries. We, through the G7, intend to mobilise the private sector for accelerated action and support just energy transition partnerships. As I mentioned, one has already been set up with South Africa, and we are currently working towards further partnerships with India, Indonesia, Senegal and Vietnam. It is that initiative that the G7 will be developing within that space.
(3 years, 2 months ago)
Lords ChamberAs I said, it was a very successful summit. I said in response to an earlier question that non-US allies within NATO are increasing their defence spending. The decisions and agreements made at NATO aligned very much with the integrated review, so we will certainly play a leading role, as we always do, in helping to move this forward.
My Lords, I give a warm welcome to the aim to expand the G7 into a D11—a new grouping of democracies. Will that consist purely of heads of nation states or will it continue to include the two chief EU figures, as hitherto? I particularly welcome the Prime Minister’s aim to move on from the outdated “special relationship” phrase, which was used so much with the USA. Does my noble friend recall the observation of our noble friend Lord Hague a decade ago that our links with America should be “solid but not slavish”? Does she agree that a revised US connection should be based more on partnership than on simple followership? Should we not have our noble friend Lord Hague’s wise adage very much in mind?
The Government’s aim in inviting Australia, India, South Korea and South Africa to the G7 summit was to increase co-operation among democratic like-minded partners on global issues, reflecting our shared value of openness. We do not see this grouping of 11 democracies as fixed, limited or replacing the G7, but it was a symbol of our desire with others to strengthen like-minded international co-operation. We look forward to the US-hosted Summit for Democracy, which will take place later this year.
On my noble friend’s point about America, he is absolutely right. The original Atlantic Charter demonstrates that the UK-US relationship has been one of partnership rather than followership for decades. We look forward to that continuing.
(3 years, 9 months ago)
Lords ChamberMy Lords, does my noble friend agree that the battlefields of future warfare will lie increasingly right inside our societies and inside people’s minds? So, while these measures are obviously extremely welcome for our Armed Forces, in the Prime Minister’s own words, we must
“upgrade our capabilities across the board”.—[Official Report, Commons, 19/11/20; col. 488.]
Will she also assure us that when the integrated review eventually appears, having looked further at our defence needs, it will fully reflect what the Trade Secretary calls the “Pacific mindset”—along with the “Commonwealth mindset”—since these are the areas where our key future alliances increasingly lie for security and defence, as well as for trade and investment?
I thank my noble friend. He is absolutely right that we must look across all our capabilities to ensure an integrated response across the board to the threats and opportunities of the modern world. He is also right to emphasise the importance of the Commonwealth and the Indo-Pacific region. One of our greatest strengths is our alliances, along with our deep ties with the nations of the Commonwealth. We will continue to work closely with them, and of course the Indo-Pacific is the fastest-growing economic region in the world, so it is a crucial transit point for global trade, and a home to UK allies and trading partners. They will be at the forefront of our thoughts.
(4 years, 7 months ago)
Lords ChamberMy Lords, I know that this Statement of the Prime Minister’s vision is mostly about our future alliances and foreign policy. As he said, the rising economies are where 90% of the world’s growth is going to come from. He also said that the International Trade Secretary is going to give a more detailed Statement next week. Can the House be assured that, in that Statement, there will be more specifics about the great new trade networks we are going to join, such as the Trans-Pacific Partnership, COMESA, the Pacific Alliance and the Commonwealth network, which is the biggest network in the world and where we have peculiar advantages? Oddly, there is absolutely nothing about the Commonwealth in this Statement. I find that rather surprising.
I thank my noble friend. I can assure him that the Commonwealth is at the forefront of our mind and we will be working closely with Commonwealth countries. I am sure that the Statement later this week will cover some of the issues he would like covered. We intend to launch negotiations with the United States, Japan, Australia and New Zealand as soon as possible. It is our ambition to secure 80% of our total trade through new deals over the next three years. We have already had conversations with Japan and Australia. As the Statement said, my right honourable friend the Foreign Secretary will be visiting a number of countries over the next couple of weeks. As I also mentioned in my response to the noble Baroness and noble Lord, we have built up capacity in the Department for International Trade to make sure that we can hit the ground running.