G7

Jack Straw Excerpts

Wednesday 11th June 2014 Commons Chamber

[The Prime Minister]

I am grateful to my right hon. Friend for raising this issue. I raised it specifically at the G7 because I am very concerned that we signed the agreement at Lough Erne about not paying ransoms for terrorist kidnap, yet there are terrorist kidnaps taking place in our world and it is—how can I put it politely?—far from clear that some countries are not allowing, or even enabling, ransoms to be paid: ransoms that then go into the hands of very dangerous terrorist groups and fund weapons and explosives that could well be used in our countries back home. I raised this issue very forcefully, as did President Obama. It is very important that we do all we can to help to release those who are held, but paying ransoms for terrorist kidnaps is totally self-defeating—it makes the terrorists stronger and increases the chances of further kidnaps in future.

[Mr Jack Straw (Blackburn) (Lab)]

May I first endorse what the Prime Minister and my right hon. Friend the Leader of the Opposition said about the presidency of the EU? I remind the House that it is not long since the German press themselves were very heavily critical of Mr Juncker for “running a tax haven” and, indeed, for his behaviour on some late evenings. OECD projections suggest that in 11 years the BRICs—Brazil, Russia, India and China—might overtake the G7 in terms of aggregate GDP, and we are already seeing a parting of the ways in terms of international cohesion. How far are the strategic implications of that change in economic power being considered by the G7?

[The Prime Minister]

The right hon. Gentleman makes a very good point. The reason I believe the G7 is going to have continued relevance in the years ahead is that it is a chance for some of the world’s biggest democracies, and largest economies, who are like-minded to have a very frank and open conversation. It is much less about communiqués and reading out speeches and more about a discussion about how we approach really complicated and difficult issues, whether it is the rise of Islamist extremism or how to make sure that our relations with China work in our mutual interest, and so on. I hope that we can keep going with these meetings. The G20 is able to address the broader world economy and to bring together the BRIC countries with some of the older western democracies.