Africa: Support Debate
Full Debate: Read Full DebateLord Cormack
Main Page: Lord Cormack (Conservative - Life peer)Department Debates - View all Lord Cormack's debates with the Department for International Development
(4 years, 3 months ago)
Lords ChamberI agree with the noble Lord that the gravest health risks may come from the economic impacts. The UK is at the forefront of efforts to protect African economies. We are encouraging international financial institutions, UN agencies and others to co-ordinate to make funds available as quickly as possible. We have committed up to £150 million to the International Monetary Fund to help vulnerable countries meet debt repayments. In the longer term, we are providing technical assistance and capacity building to help support the African Union’s African continental free trade area, which offers the opportunity to kick-start regional trade and support the economic bounce back.
My Lords, would my noble friend agree that, if Covid-19 becomes endemic in African countries, it will remain a threat to the world for the foreseeable future? Would she consider convening a conference of Commonwealth African countries—after all, Nigeria, the largest country on the continent, is a Commonwealth country—to see whether the initiative can be taken on a Commonwealth basis?
I thank my noble friend for that question. I absolutely agree that we need to tackle this pandemic globally. We are not going to resolve it within our own borders unless we help the rest of the world to tackle it too. I also agree on the importance of our Commonwealth relationships. Sadly, the CHOGM conference has been postponed, but I know that my noble friend Lord Ahmad, the Minister for the Commonwealth, is in regular contact with Commonwealth leaders so we can help each other to tackle the pandemic.