Oral Answers to Questions Debate
Full Debate: Read Full DebateLord Goldsmith of Richmond Park
Main Page: Lord Goldsmith of Richmond Park (Conservative - Life peer)Department Debates - View all Lord Goldsmith of Richmond Park's debates with the Foreign, Commonwealth & Development Office
(13 years, 7 months ago)
Commons ChamberThe Marange diamond proceeds have the potential to bring literally hundreds of United States dollars into the Zimbabwe exchequer. Last year $38 million—the first tranche—did get through, but I am disturbed by reports that hard-line elements are benefiting from the Marange mine. I entirely agree with my hon. Friend: it is essential for us to have a strong civil society involvement, and that is why the appointment of a new civil society focal point will play such a vital role in increasing transparency.
Is the Minister frustrated by the hampering of our negotiations on Zimbabwe diamonds as a result of our having to reach agreement through the sluggish EU? Does he agree that it would be better for us to adopt a more robust position on our own terms?
It is worth bearing in mind that since the start of the Kimberley process, roughly 99% of the world trade in rough diamonds is now Kimberley-compliant. That is a huge improvement on the previous position. As for my hon. Friend’s point about the EU, he has made a very interesting suggestion, and I will certainly examine it.