Overseas Aid (Private Sector Contracts)

Damian Hinds Excerpts
Monday 11th March 2013

(11 years, 2 months ago)

Commons Chamber
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Damian Hinds Portrait Damian Hinds (East Hampshire) (Con)
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Does my right hon. Friend agree with the business leaders who are quoted in today’s Financial Times as saying that the prospects of the world’s poorest people are increasingly being defined by what businesses do, alongside the established work of Governments? Cannot private sector development simultaneously help those people, and economies throughout the rest of the world—including our own—through specialisation, trade and economic growth?

Justine Greening Portrait Justine Greening
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The short answers to that question are yes and yes. As was pointed out in the Financial Times, aid and business constitute a crucial alliance, which we must try to bind more closely.