Russian Federation

Oral Answers to Questions — Overseas Development – in the House of Commons at 12:00 am on 12th July 1993.

Alert me about debates like this

Photo of Michael Fabricant Michael Fabricant , Staffordshire Mid 12:00 am, 12th July 1993

To ask the Secretary of State for Foreign and Commonwealth Affairs what plans he has to meet European colleagues to discuss continuing aid to the Russian Federation.

Photo of Hon. Douglas Hurd Hon. Douglas Hurd , Witney

Aid from the European Community and member states makes up 70 per cent. of all western support to Russia and the rest of the former Soviet Union. I meet my European colleagues regularly, and support for Russia is often discussed.

Photo of Michael Fabricant Michael Fabricant , Staffordshire Mid

Following the success of my right hon. Friends the Foreign Secretary and the Prime Minister at the G7 summit, we are all aware that £3 billion will be given to assist the Russian Federation. Will my right hon. Friend expand on this and state the sort of aid that we give to Russia, especially for expertise on privatisation?

Photo of Hon. Douglas Hurd Hon. Douglas Hurd , Witney

I think that my right hon. Friend the Prime Minister may touch on that in a few minutes. It was certainly an important result of his expedition to Tokyo. Through our British know-how fund and the schemes that were confirmed and extended at Tokyo, it is important to give special assistance to Russian privatisation and to small and medium enterprises in Russia. I think that my right hon. Friend will give details of the extra commitments that were made.