Thursday 30th June 2022

(1 year, 9 months ago)

Lords Chamber
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Lord Bilimoria Portrait Lord Bilimoria (CB)
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My Lords, the Commonwealth Heads of Government Meeting in 2022 was postponed and postponed, and finally took place in Kigali, Rwanda, from 20 June to 25 June. The Commonwealth is a free association of sovereign states. It is a development of free and democratic societies, a promoter of peace and prosperity to improve the lives of all people in the Commonwealth. There are now 56 countries in the Commonwealth; it has a population of 2.5 billion, of which India, one country, makes up 1.4 billion. More than 60% of the combined populations of the member states are 29 or under, so it is a young Commonwealth.

Its combined GDP is $13 trillion, estimated to rise to almost $20 trillion by 2027. Her Majesty the Queen is Head of the Commonwealth. Even if all the remaining countries became republics, I would have no concerns whatever. They would continue to be members of the Commonwealth, just as India has.

The theme of the 2018 CHOGM was “Towards a Common Future”. I thank the noble Lord, Lord Howell, who has been a great champion of the Commonwealth. In a debate on UK Commonwealth trade, he summed it up beautifully, saying that

“in the age of networking and digital connectivity, the binding ties of a voluntary”—

“voluntary” being the key word—

“non-treaty, global organisation such as the Commonwealth are sealed as much by enterprise and trade, civil society concerns and common everyday life and work interests as through government channels”.

He talked about its vibrancy and brought it alive as never before, as

“the nexus of non-governmental organisations, professions, business interests, education at all levels, science, law and hundreds of informal links, not to mention sports connections and the enormous and expanding range of arts and cultural links of every kind, that are increasingly at the core of the Commonwealth.”—[Official Report, 8/7/21; cols. 1456-57.]

It was absolutely brilliant.

Talking of sport, I am the proud chancellor of the University of Birmingham. We are hosting the Commonwealth Games in Birmingham in July and August this year, and the university will play a role like never before. At the heart of the Games, the athletes’ village is on our campus, as are squash and hockey. We sponsored the baton relay that went around 76 countries and territories of the Commonwealth, and a non-Commonwealth country; it went to Dubai in the UAE, where I was present for the opening of our new campus—the first Russell group university to open in Dubai. Birmingham is, of course, a vibrant, relatively young city. It will bring out the best of global Britain and showcase the region’s strengths, and I am really looking forward to a fantastic Games.

Her Majesty’s role is championing the Commonwealth and its people. It has been agreed that His Royal Highness the Prince of Wales will continue this role in the future. This year is special for the Commonwealth Games because they happen in the year of Her Majesty’s Platinum Jubilee. What a great celebration we have had.

Global health and security have been at the heart of the Commonwealth, particularly at this time. What better example of cross-border collaboration in the Commonwealth is there than the Oxford/AstraZeneca vaccine, developed by Oxford and AstraZeneca headquartered in Cambridge, in conjunction with the Serum Institute of India—the largest vaccine manufacturer in the world, even before the pandemic—based in India? That is a Commonwealth project. Two billion doses have been produced by the Serum Institute of India.

We have British International Investment, BII, previously known as CDC, mobilising up to £8 billion. The UK is increasingly the headquarters of green finance for the world. Once again, the Commonwealth is at the heart of it. Also, the more digital we get as a world, the more vulnerable we get, and we have agreed to the Commonwealth Cyber Declaration.

CHOGM 2022 was about delivering a common future: connecting, innovating, transforming, protecting natural resources and increasing trade. Sir Partha Dasgupta’s report, The Economics of Biodiversity, from the University of Cambridge, is a must-read, applying to the whole world as well as to the Commonwealth. It describes nature as our most precious asset.

How wonderful it is that the position of one of our own, the noble and learned Baroness, Lady Scotland, as Secretary-General of the Commonwealth has been renewed for a second term.

Right in the middle of this period, a free trade agreement is being negotiated with India. I request an update from the Minister on how well it is progressing. As a former president of the CBI, I have been at the heart of these negotiations. There is huge potential with that free trade agreement. I took an active part in the Australia and New Zealand free trade agreements with the UK, and I believe the India one should be as comprehensive as possible, as well as hopefully being completed by the end of this year.

The reality is that in total the Commonwealth accounts for only 9% of the UK’s trade. Trade with five Commonwealth countries—Australia, Canada, India, Singapore and South Africa—accounts for over 70% of this. So the potential to increase trade between Commonwealth countries is absolutely phenomenal. We are just scratching the surface and we need to continue to press for increased trade between Commonwealth countries. It is an open goal. With 20 of the global emerging cities in the Commonwealth, next month we will publish the Oxford healthy cities commission, of which I am a commissioner. Again, that can help in a big way. I am a great fan of the Commonwealth, which has huge untapped potential.