Gerald Kaufman
Main Page: Gerald Kaufman (Labour - Manchester, Gorton)Department Debates - View all Gerald Kaufman's debates with the Cabinet Office
(12 years, 3 months ago)
Commons ChamberMy right hon. Friend makes an important point. When I say “active monetary policy”, I do not simply mean a central bank that engages in quantitative easing, or whatever. We need to ensure that all the monetary institutions of a country, including its banks, are properly capitalised and properly working. Around Europe, there is a lot of work that needs to be done on that.
With regard to the Prime Minister’s discussion with the President of Pakistan, does he deplore Barack Obama’s offensive discourtesy towards the President, the sovereignty of whose country the United States has violated with deadly effect? Will he confirm that Britain stands shoulder to shoulder with our Commonwealth partner in defying American colonialism?
I have to say that I would not put it like that. We need to work very closely with our American allies, within our special relationship, to try to deal with the terrorism that has come out of Afghanistan and is still coming out of parts of Pakistan. It is in our national interest to do that, but I always urge all international friends and partners to show patience and understanding with Pakistan because it is the biggest victim of terror of all. It has complex politics, and it needs to be given the space to resolve some of those issues. It also needs to know that its friends, such as Britain, will not leave it after the Afghan conflict is over, and that we are there for long-term partnership, friendship and support.