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European Affairs

My hon. Friend makes a very powerful point. Like him, I have often complained vociferously about our inability to sign off the accounts of the European Commission. It is true that most of the problems that arise are now within member states rather than with the Commission, but nevertheless, the new Government will certainly re-examine that and want to put some energy into sorting that out. I feel very strongly about it, as does my hon. Friend. The Council will also set the Union's position for the G20 Toronto summit at the end of June, and the Government want to ensure that the position agreed at the Council reflects our views on fiscal consolidation, and on strengthening standards on financial regulations and bank levies. It is hoped that the Council will sign off the EU position for the UN high-level plenary meeting on the millennium development goals in September, which will take place just before the UN General Assembly. The Government will encourage other member states to fulfil their aid commitments. I am pleased to report that the United Kingdom is on track to meet both its 2010 target of 0.56% of overseas development assistance and its 2013 target of 0.7%. We can be proud that that is a point of consensus in the House between all three main parties, and I pay tribute to the work of the previous Labour Government. However, collectively, the EU is not on track to meet its commitments, and we will encourage all member states to reinvigorate their commitments to that end. Tackling global poverty is one of the great causes of our age, and one in which the nations of Europe should play their full part.