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Adjournment debate on Thursday, 14 July 2011, in the House of Commons, led by Lord Bruce of Bennachie. The answering member was Andrew Mitchell.


Future of CDC

Westminster Hall debate on a motion for the adjournment on the future of the CDC (Commonwealth Development Corporation). (Relevant documents: International Development Select Committee fifth report of session 2010-12, HC 607, and the Government response, HC 1045.) Motion made, and Question proposed, That the sitting be now adjourned.—(Mr Newmark.)


Secondary information

Type
Parliamentary proceeding
Reference
531 c155-82WH 
Session
2010-12
Department
Department for International Development
Speaker's Committee for the Independent Parliamentary Standards Authority
Chamber / Committee
Westminster Hall
Related items
Proceeding contributions
Lord Bruce of Bennachie | 531 c155-6WH (Link to this contribution) I am glad to have the opportunity to open this debate on the future of CDC, and I appreciate the fac...
Show all contributions (54)
Andrew Mitchell | 531 c176WH (Link to this contribution) The hon. Lady is nodding assent, and I will write to her on that basis. The point I seek to make is...
Lord Bruce of Bennachie | 531 c176WH (Link to this contribution) I take the Secretary of State's point about Ministers, but what about departmental staff and CDC sta...
Andrew Mitchell | 531 c176-7WH (Link to this contribution) The right hon. Gentleman is absolutely right. We will, I hope, see secondments between the Departmen...
Lord Sarwar | 531 c177WH (Link to this contribution) I agree wholeheartedly with the suggested reforms for CDC. The Secretary of State rightly mentions t...
Andrew Mitchell | 531 c177-8WH (Link to this contribution) The hon. Gentleman asks an important question. We have taken nothing off the table in that respect. ...
Lord Sarwar | 531 c178WH (Link to this contribution) I thank the Secretary of State for giving way again; I am sorry to be a nuisance. He rightly mention...
Andrew Mitchell | 531 c175WH (Link to this contribution) I will come directly to that point. CDC investments in India will be in addition to the 50% of the p...
Andrew Mitchell | 531 c175WH (Link to this contribution) At the moment, the target exists only in India. I can only repeat what I said to the hon. Lady: the ...
Caroline Lucas | 531 c175WH (Link to this contribution) I am sorry to delay the Secretary of State on this issue, but I want to return to the point raised b...
Lord Bruce of Bennachie | 531 c180-2WH (Link to this contribution) I thank the Secretary of State for his full response to the debate and also all hon. Members who hav...
Andrew Mitchell | 531 c180WH (Link to this contribution) We should wait for the code to be published, but when the hon. Gentleman sees it he will realise tha...
Lord Sarwar | 531 c180WH (Link to this contribution) I thank the Secretary of State for giving way again. Paragraph 60 of the report recommends that"““CD...
Andrew Mitchell | 531 c178-9WH (Link to this contribution) The hon. Gentleman, despite his comment, is never a nuisance. If he bides his time, I will come dire...
Rushanara Ali | 531 c170-1WH (Link to this contribution) CDC has an important opportunity to lead by example, and we must require it to set that example and ...
Rushanara Ali | 531 c169WH (Link to this contribution) It is a pleasure to speak today from the Labour Front Bench about CDC. I thank the Chair of the Inte...
Lord Bruce of Bennachie | 531 c169WH (Link to this contribution) The hon. Lady has made an important point. A World Bank report on sub-Saharan Africa will often give...
Rushanara Ali | 531 c169-70WH (Link to this contribution) I welcome that comment. As we have seen recently, in many middle-income countries, economic inequali...
Jeremy Lefroy | 531 c170WH (Link to this contribution) Does the hon. Lady agree that we have the opportunity not only to be careful about bad practice, roo...
Speaker | 531 c167WH (Link to this contribution) (in the Chair): I call Miss Ali. [Interruption.] Sorry, Mr Lefroy—it would be helpful if Members cou...
Speaker | 531 c167WH (Link to this contribution) (in the Chair): You were? Very funny.
Jeremy Lefroy | 531 c167-9WH (Link to this contribution) I am grateful to you, Mr Walker. I was not sure whether I would be allowed to speak, not having noti...
Sam Gyimah | 531 c167WH (Link to this contribution) I thank the hon. Gentleman for his point. I totally agree that the British public need transparency ...
Andrew Mitchell | 531 c174WH (Link to this contribution) As I made clear to the Committee, the figure of 50% feels right in the context of India. I suspect t...
Lord Sarwar | 531 c175WH (Link to this contribution) I wholeheartedly agree with the case that the Secretary of State makes for aid to India, and there w...
Andrew Mitchell | 531 c173-4WH (Link to this contribution) It is a pleasure to appear under your benign chairmanship, Mr Walker, for the first time. I congratu...
Richard Burden | 531 c174WH (Link to this contribution) I do not know what the bedclothes are like in the north of Birmingham, but the Secretary of State is...
Pauline Latham | 531 c172WH (Link to this contribution) Is it not true that diaspora communities invest in and send money back to the communities that they ...
Rushanara Ali | 531 c172-3WH (Link to this contribution) Diaspora communities may be interested in developing businesses that connect between, for example, t...
Sam Gyimah | 531 c171WH (Link to this contribution) I certainly agree with the hon. Lady's comments about focusing on small and medium-sized enterprises...
Rushanara Ali | 531 c172WH (Link to this contribution) I accept that point. If CDC wants to be a trail-blazer and to encourage investment by others, there ...
Rushanara Ali | 531 c171WH (Link to this contribution) I have lots of time, which is good. In 2010, CDC's capital was invested in about 143 funds, support...
Speaker | 531 c171WH (Link to this contribution) (in the Chair): You have plenty of time.
Lord Sarwar | 531 c156WH (Link to this contribution) As a fellow member of the Committee, I praise the Chair and his draft, which we accepted without any...
Sam Gyimah | 531 c157WH (Link to this contribution) Does the right hon. Gentleman agree that it is not just about the absolute level of salaries and bon...
Lord Bruce of Bennachie | 531 c156-7WH (Link to this contribution) I thank the hon. Gentleman for that intervention. CDC opens up the opportunity to do a lot of things...
Lord Sarwar | 531 c158WH (Link to this contribution) In the spirit of transparency, does the right hon. Gentleman agree that it might be a good idea for ...
Lord Bruce of Bennachie | 531 c157-8WH (Link to this contribution) I absolutely agree. My view is that that is a good criterion for every form of investment, but espec...
Lord Bruce of Bennachie | 531 c158-9WH (Link to this contribution) Absolutely, and I obviously hope the Secretary of State can give us that assurance. In a sense, the...
Pauline Latham | 531 c160WH (Link to this contribution) Is it not true that CDC could help not only with productivity and increasing yield, but by working w...
Lord Bruce of Bennachie | 531 c159WH (Link to this contribution) I will not take any interventions on that point. There is an internal issue in the Committee. In Bu...
Lord Bruce of Bennachie | 531 c160-1WH (Link to this contribution) I certainly agree that we want a partnership that looks at the best way of optimising and maximising...
Caroline Lucas | 531 c163-4WH (Link to this contribution) I am grateful for the opportunity to speak in the debate, particularly because I am not a member of ...
Richard Burden | 531 c162-3WH (Link to this contribution) My hon. Friend makes a good point. In a sense, that is what I am getting at. I well remember that di...
Lord Sarwar | 531 c162WH (Link to this contribution) Does my hon. Friend recall the conversation that the Committee had with representatives of the India...
Richard Burden | 531 c161-2WH (Link to this contribution) I endorse and congratulate the right hon. Member for Gordon (Malcolm Bruce), the Chair of the Commit...
Caroline Lucas | 531 c165WH (Link to this contribution) If it does, I cannot be here until then. I hope that the Secretary of State will forgive me, and non...
Caroline Lucas | 531 c165WH (Link to this contribution) I hope that the issue can be looked at in greater detail. I appreciate that it is complex, but none ...
Lord Bruce of Bennachie | 531 c164WH (Link to this contribution) I want to reassure the hon. Lady that we share those concerns. We did not dispel them; we just felt ...
Lord Sarwar | 531 c167WH (Link to this contribution) As the hon. Gentleman has rightly said, he was not a member of the Committee during our inquiry. Hav...
Sam Gyimah | 531 c165-6WH (Link to this contribution) It is a pleasure to serve under your chairmanship once again, Mr Walker. Most of us here agree about...
Subjects
Debts Commonwealth Developing countries Development aid Investment Private sector Pay Management CDC
Link
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