I thank my hon. Friend for his interesting and timely speech. I fully agree that the Commonwealth is unlikely to form some kind of new trading bloc, but does he agree that it is an important framework for intergovernmental co-operation in improving the investment environment? That is the way that it will help to aid trade: by working together on things such as infrastructure, the business environment, the rule of law and governance. All those things will help to improve our trading relationships in the long term.