Oral Answers to Questions

Lord Goldsmith of Richmond Park Excerpts
Tuesday 3rd May 2011

(13 years ago)

Commons Chamber
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Lord Bellingham Portrait Mr Bellingham
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The 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.

Lord Goldsmith of Richmond Park Portrait Zac Goldsmith (Richmond Park) (Con)
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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?

Lord Bellingham Portrait Mr Bellingham
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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.