---

G20

The noble Lord, Lord Stoddart of Swindon, raises two good questions. On the question of China and trade, he is right that the main purpose behind the visit was to demonstrate the degree of commitment that exists not only on a Government-to-Government basis but on a business-to-business basis, which is why so many people from business were pleased to join the Prime Minister as well as a substantial number of Ministers. That has shown our national commitment to developing our relationship with China, to pursuing our commercial interests and to co-operating more closely on global issues, as well as to raising the role of human rights in China’s development, in which this country has a vital interest. The visit added momentum to our trade and investment relationship with China, with the agreement of a new trade target of $100 billion by 2015. The visit itself delivered over 40 agreements across the whole range of the bilateral relationship, from trade to low-carbon growth and cultural and education initiatives. The largest contract was Rolls-Royce’s contract of $1.2 billion, but others included an agreement on China’s first securities joint venture with the Royal Bank of Scotland, the geographical identification and registration of Scotch whisky and an education agreement to train 1,000 new teachers of Mandarin. All those were substantial achievements, but they are just building blocks in developing the relationship. The noble Lord made a second point about trade with emerging countries and the effect of the CAP. I am not surprised that he should raise that question, which goes to the heart of the agreement that we are seeking on the completion of the Doha trade round. One of the best pieces of news to come out of the summit was that there was an international agreement that all countries should take the final step towards reaching agreement on Doha, and that may well include the European Union taking a fresh look at the role of the CAP.