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Proceeding contribution from Rushanara Ali (Labour) in the House of Commons on Thursday, 14 July 2011. It occurred during Adjournment debate on Future of CDC.


Future of CDC

CDC has an important opportunity to lead by example, and we must require it to set that example and to implement the focus on human rights, given the interest in human rights in those countries. I very much accept the hon. Gentleman's point. I also want to mention what the hon. Member for Brighton, Pavilion said about CDC acting as a fund of funds as well as a poverty alleviator. It is important to consider compatibility. There are many examples of incompatibility and, as she rightly stated, some bring into sharp focus the tensions between the two objectives. The two are welcome, but greater monitoring is needed to ensure that the objectives do not contradict each other. The hon. Member for East Surrey (Mr Gyimah) discussed returns on investment. His insights included recognising the importance of creating the appropriate investment horizons and environments. He raised two key issues on skills: first, on skills and the knowledge base, he pointed out the importance of ensuring that that capacity and technical expertise is available as the investment takes place in developing countries; and, secondly, he indicated the importance of sector focus, in particular in agriculture. Several hon. Members mentioned accountability and transparency. I will wrap up, because I am conscious that I do not have a huge amount of time.


Secondary information

Type
Proceeding contribution
Reference
531 c170-1WH 
Session
2010-12
Chamber / Committee
Westminster Hall
Subjects
Debts Commonwealth Developing countries Development aid Investment Private sector Pay Management CDC
Link
View this Proceeding contribution on www.publications.parliament.uk