The Secretary of State for Foreign and Commonwealth Affairs (Mr William Hague)

We will significantly increase spending on programmes to help countries develop and to support UK prosperity, bringing these to a total of £20 million. We will spend more on projects which promote openness, international trade and investment, transparent and stable regulatory environments and strengthen the multilateral trading system and international investment opportunities, while resisting protectionism, including creating a commercial diplomacy fund of £4 million dedicated to identifying and securing commercial opportunities for our businesses, and supporting inward investment to the UK. We will maintain current levels of spending on our successful programme which promotes the global transition to a low-carbon economy, energy efficiency and security, and is intended to increase the prospects of reaching a global climate change agreement.

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