G20

I commend the Prime Minister’s leadership on international tax transparency and his earlier answer on the extractives industry transparency initiative. Let me draw his attention to the recent inquiry by the Business, Innovation and Skills Committee into the extractive industries, which found that the previous Government’s launch of the EITI but refusal to have Britain sign up to it discouraged many of the developing countries that would have benefited most from signing up. Since he has now reversed that policy and signed the UK up to the EITI, may I recommend that he take up the Select Committee’s recommendation that the UK should become a beacon of best practice and promote it using our soft power around the world?