Oral Answers to Questions

Stephen Phillips Excerpts

Tuesday 14th December 2010 Commons Chamber

[Mr Hague]

The situation will, of course, be discussed by the 27 Heads of Government at the European Council. We are very clear that if there is a treaty change concerning the eurozone, there must be no obligation on the United Kingdom. If eurozone countries wish to form a mechanism, it cannot be one that places an obligation on the United Kingdom. As the hon. Gentleman will recall from the October Council, we are also working on the next financial perspective because, unlike the previous Government who gave away billions of pounds of British taxpayers’ money in negotiating a financial perspective, we want the next European financial perspective to reflect the budgetary disciplines of the member states involved.

[Stephen Phillips (Sleaford and North Hykeham) (Con)]

T6. We learned last week that the United States considers the growth of China’s influence in Africa to be a very worrying development. Will my right hon. Friend indicate whether the Government are also concerned about the Chinese Government’s rush to secure the friendship of undemocratic yet often resource-rich African countries?

[Mr Bellingham]

When I was in Angola last week, I had a chance to see the scale of Chinese investment. It is clear to us that China offers great opportunities for many African countries. Transparency and governance are key if we are to get the best out of such investments. That is why my right hon. Friend raised these issues in the recent UK-China dialogue on Africa and the subsequent UK-China summit.