§ Q4. Mr. Graham
asked the Prime Minister if he will make a statement on the role of the proposed Commonwealth Investment Bank which was discussed at the recent Heads of State Conference.
§ Q32. Mr. Cartwright
asked the Prime Minister if, following the Commonwealth Conference, he will make a statement about plans to establish a Commonwealth Investment Bank.
§ The Prime Minister
If such a Bank were established, its principal functions would be to identify and promote good project proposals of a commercially viable nature in developing member countries; to mobilise finance; and to identify and negotiate with partners in joint ventures.