Global Anti-Corruption Sanctions Debate
Full Debate: Read Full DebateMarcus Fysh
Main Page: Marcus Fysh (Conservative - Yeovil)Department Debates - View all Marcus Fysh's debates with the Foreign, Commonwealth & Development Office
(3 years, 7 months ago)
Commons ChamberI think I have already addressed the second part of the hon. Gentleman’s question. On the first part, in relation to Transparency International, the United Kingdom is of course an open, outward-looking country. We want to attract direct investment, which is why, as I said in my statement, we need to be on the lookout and be eternally vigilant to make sure that dirty money or blood money does not drift into this country. We are taking these actions today precisely because we are serious about this issue. If he looks at this fairly, he will see that when we came into office in 2010, the UK was ranked 20th in the world on the corruption perceptions index. We have now risen to 11th, and we will keep taking action until we are even higher up the rankings.
I welcome the statement and the extension of sanctions. Corruption really eats away at the prospects of people in the developing world and gives them less confidence in the future and in their elected officials. Will my right hon. Friend meet me to see whether there are ways in which we can innovate to ensure that, for example, development aid money goes to people more directly, to provide the social development opportunities that can otherwise be diverted by corrupt officials?
My hon. Friend is absolutely right. We give an increasing proportion of our aid to operate in countries via third parties, whether they are NGOs or other partners, rather than direct to Governments. There is a case for both, for all the reasons that my hon. Friend suggested, and I totally agree with him that the approach to official development assistance should complement and supplement what we are doing in the law enforcement space, including through these sanctions. I would be interested to hear any ideas he has for fusing the two and making them even stronger, and Ministers would be keen to meet him.