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Written question asked by Andrew Rosindell (Conservative) on Thursday, 12 June 2025, in the House of Commons. It was due for an answer on Monday, 16 June 2025. It was answered by Catherine West (Labour) on Wednesday, 25 June 2025 on behalf of the Foreign, Commonwealth and Development Office.


China: Caribbean

Question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 15 May 2025 to Question 50064 on China: Caribbean, whether he plans to provide guidance to the Inter-American Development Bank on the financing of infrastructure in Caribbean nations as an alternative to Chinese state-backed loans.

Answer

The UK is a shareholder of and supports the Inter-American Development Bank (IDB), the World Bank (WB) and the Caribbean Development Bank (CDB) in their work in the Latin America and Caribbean (LAC) regions, providing financial support for sustainable development and growth, including sustainable, resilient and inclusive infrastructure, to bolster climate resilience, advance citizen security and create economic opportunities to improve lives across the region.

The UK is a leading development partner within the IDB Group, exemplified by its flagship UK Sustainable Infrastructure Programme (UKSIP), a partnership between IDB and the UK. UKSIP supports countries in LAC to reduce emissions, adapt to climate change, ensure infrastructure and communities are resilient to its effects, and invest in cost effective nature-based solutions through technical assistance and blended finance investments.

IDB has robust and well-established policies and procedures in place. As one of the Bank's shareholders, we engage closely with the bank to help shape their strategies, policies and procedures.


Secondary information

Type
Written question
Reference
59330
Session
2024-26
Related items
China: Caribbean
Thursday, 15 May 2025
Written questions
House of Commons
Subjects
China Infrastructure Loans Caribbean Inter-American Development Bank
Link
View this Written question on www.parliament.uk