Tonga: Volcano Eruption and Tsunami Debate
Full Debate: Read Full DebateKerry McCarthy
Main Page: Kerry McCarthy (Labour - Bristol East)Department Debates - View all Kerry McCarthy's debates with the Foreign, Commonwealth & Development Office
(2 years, 10 months ago)
Commons ChamberThat is an excellent question. Covid-19 has had little effect on Tonga directly, because strict border controls have meant no cases in the community, although there was one case in quarantine on 27 October, which was contained. However, the border closures have deeply affected the tourism industry and impacted the economy. That will be something for ongoing discussions between Tonga and those who are seeking to provide support with humanitarian aid.
It is all well and good to talk about how much money is being given to Tonga, whether in aid or through climate adaptation finance, but the fact is that Tonga is expected to pay more than $18.5 million in debt repayments this year, with a lot of it going to China, and the International Monetary Fund lists Tonga as being at high risk of debt distress. In my capacity as chair of the all-party parliamentary group on small island developing states, I met the Jubilee Debt Campaign earlier today to talk about how SIDS struggle to access comprehensive debt relief. The existing G20 schemes fall well short of helping SIDS. What can the Minister do to ensure that we do not give to Tonga with one hand and take away with the other?
The hon. Lady rightly raises the impact of Chinese debt. China increasingly seeks long-term strategic influence in Pacific island countries. As the Foreign Secretary stated last week, Russia and China are working together more and more to assert their dominance over the western Pacific. It is estimated that no fewer than 44 low to middle-income countries have debts to Beijing that represent in excess of 10% of their GDP. The UK is working and will continue to work with international partners, including to help countries avoid loading their balance sheets with debt that they cannot afford.