HC Deb 16 June 1999 vol 333 c178W
23. Angela Smith

To ask the Secretary of State for International Development what assessment she has made of future prospects for the Commonwealth Development Corporation in Cuba. [85997]

Clare Short

The Commonwealth Development Corporation has been working in Cuba since 1996, and we expect it to continue to do so. The focus of its work will continue to be on its financing business, undertaken as a joint venture with a local bank, which is expanding its activities. CDC will also look for equity investment opportunities on a selective basis.

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