Poverty: International Development Aid Debate
Full Debate: Read Full DebateLord Lamont of Lerwick
Main Page: Lord Lamont of Lerwick (Conservative - Life peer)Department Debates - View all Lord Lamont of Lerwick's debates with the Foreign, Commonwealth & Development Office
(11 months, 1 week ago)
Lords ChamberThe right reverend Prelate is right to raise that question. I will take back the specific issue of an update on the strategy and write to him, but we believe very much in localised solutions. That is why, when we consulted on the White Paper, there were more than 70 countries that we consulted with, and we received about 426 replies from about 46 countries. That ensured that our White Paper demonstrably showed what local needs stood for. On the development of the paper, I will write to the right reverend Prelate.
My noble friend has mentioned many factors: aid, education, tax. The one word he has not mentioned is trade. Does he not agree that trade liberalisation is one of the greatest engines for relieving poverty? That is how the countries of south-east Asia went from undeveloped status to middle-income status. Is not one of the greatest threats to developing countries today the increase in protectionism, much of which exists among the advanced industrial countries, including the United States and Europe?
I totally agree with my noble friend I am sure that Hansard will correct me otherwise, but I think I did mention trade. I agree that trade is part and parcel of this, which is why we are working with the BII and British investment partnerships to ensure that we raise and leverage more financing to ensure sustainability. It is not just about providing aid; this is about development support, which allows countries to really progress directly themselves, and we need private finance and the private sector to work hand in glove with us on this.