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Oral question asked in the House of Commons, by Sally Keeble (Labour). It was answered on Thursday, 26 October 2006 on behalf of the Treasury.


Debt Relief

Question
Debt relief is of course extremely important to developing countries, but it must be accompanied by growth. What does the Chancellor expect must happen to get the Doha round of trade talks back on track?
Answer

My hon. Friend takes a big interest in this matter. As she knows, Africa has grown faster in recent years than it did previously, but there are still many people in poverty. One reason for that is that developing countries are unable to trade their products with the richest countries, which is why it is really important that the Doha trade round is resumed. I believe that it will be possible in the next few months to bring together the parties that have been unable to agree so that we can reach an agreement. Europe and America could make concessions on agricultural protectionism—I believe that it is the will of the House that that should happen—and the other major countries, which are Brazil and India, and the developing country bloc could also make the concessions necessary for agreement. We will do whatever we can in the next few weeks to get the trade round going again.


Secondary information

Type
Oral question
Reference
450 c1649-50 
Session
2005-06
Oral question type
Supplementary
Chamber / Committee
House of Commons chamber
Subjects
Debts Developing countries Debts written off
Link
View this Oral question on www.publications.parliament.uk