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Written question asked by Lord Touhig (Labour) on Thursday, 11 April 2019, in the House of Lords. It was due for an answer on Monday, 29 April 2019. It was answered by Baroness Sugg (Conservative) on Monday, 29 April 2019 on behalf of the Department for International Development.


Council of Europe Development Bank

Question

To ask Her Majesty's Government whether they have any plans to join the Council of Europe Development Bank.

Answer

Her Majesty’s Government has no plans to join the Council of Europe Development Bank (CEB). The CEB focuses its operations in 22 target countries in Central, Eastern and South-Eastern Europe, including the Balkans. The UK already has the tools to achieve our development objectives in these geographies in an effective way that represents value for money for the UK tax payer. For example, we work bilaterally through the joint DFID-FCO Good Governance Fund and have a multilateral footprint through our capital share in the European Bank for Reconstruction and Development.


Secondary information

Type
Written question
Reference
HL15270
Session
2017-19
Subjects
Council of Europe Development Bank
Link
View this Written question on www.parliament.uk