My Lords, the Commonwealth is a greatly valued institution, in which the UK should be playing as full a part as possible. Therefore, the communique from CHOGM requires very careful study. These are the priorities of our Commonwealth partners, and the UK has a special obligation to support them in the delivery of them.
I want to ask a number of questions to the Minister regarding the Statement, primarily in regard to intra-Commonwealth trade. I declare an interest: in 2018 I co-chaired an inquiry into intra-Commonwealth trade with the then Nigerian Trade Minister. I welcome the technical support and the elements of supporting intra-Commonwealth trade, but what is the Government’s ambition? What is their estimate as to how much intra-Commonwealth trade can grow? Under the previous Government we had an aborted investment summit for African nations and within the Commonwealth. What is the Government’s intent when it comes to ensuring that the UK, with our trade partners, can be an investment priority and can migrate continuity trade agreements with our Commonwealth partners into full free trade agreements?
Primarily, I wish to ask about the part of the Statement that said:
“We will be confident about championing the power of international development so that we make progress wherever we can,”
and recognise that putting our best foot forward in all we do at home and around the world is
“in everyone’s best interests, not least the British people”.
Can the Minister explain how this Statement, given on Monday to the House of Commons, was then reflected in the Budget on Wednesday, in which development assistance was cut to the lowest level in 17 years? We have seen development assistance cut in a truly terrible way by the previous Conservative Government; very few people would have been expecting further cuts under a new Labour Government. The cuts now are stark, with £2 billion in reductions. This means that development assistance has gone from 0.58% to 0.5%. In addition, there are real-term reductions in the Foreign Office budget overall.