Commonwealth Development Corporation

HC Deb 09 May 1983 vol 42 cc182-3W

Mr. Guy Barnett

asked the Secretary of State for Foreign and Commonwealth Affairs if his Department has laid down criteria on which the Commonwealth Development Corporation will decide whether the safeguards negotiated in relation to its investment in NGPI, San Francisco, Agusan del Sur, the Philippines, are being satisafactorily implemented.

Mr. Raison

The criteria to be applied are reflected in the nature of the undertakings which have been secured by the Commonwealth Development Corporation from NDC and NGPI. I refer the hon. Member to my speech in the debate on 19 January—[Vol. 35, c. 462]. It is for the CDC to satisfy itself on the observance of these undertakings. I have, however, asked the corporation to keep me informed of progress.