§ Lord Hylton
asked Her Majesty's Government:
Whether the World Bank has considered and drawn conclusions from the review by Mr Emil Salim of oil and mining projects; and what impact the review will have on the Government's foreign and investment policies. [HL2560]
§ The Lord President of the Council (Baroness Amos)
The World Bank management is still considering their response to the extractive industries review.
The DfID does not anticipate that the review will significantly impact UK foreign or investment policy. It will however contribute to the ongoing process of improving the sustainable development performance of oil, gas and mining sectors; and the high standards that the bank encourages from its partners.