Boost wealth creation

Make British international development policy more focussed on boosting economic growth and wealth creation

Actions	Start	End
3.1 Make DFID more private-sector friendly
Create a dedicated private sector team within DFID to drive cultural change	Completed
Develop new projects on property rights, microfinance and small and medium-sized enterprise finance, and investment climate reform	Started	Completed
Publish details of DFID's new approach to working with the private sector	Completed
3.2 Review CDC ( formerly Commonwealth Development Corporation) in order to radically increase its development impact
Request CDC to develop new business plan to maximise its development impact	Completed
Consult on CDC's financial investments, business sectors and remuneration framework	Completed
Announce results of the consultation	Completed
Work with CDC to ensure CDC publish a business plan	Completed
3.3 Promote pro-development trade agreements, including support for African Free Trade Area
Develop a Trade White Paper, working with key departments, to set out the Government's strategy for growth through free, fair and open markets, including promoting trade facilitation	Completed
Work with other departments to launch the Trade Window for Advocacy Fund	Completed
Work with other departments to deliver the policies and actions set out in the Trade White Paper, as monitored by the Trade and Investment Committee	Apr 2011	Mar 2015
Work with members of the G20 to attempt to agree duty-free, quota-free access for Least Developed Countries with a view to obtaining consensus at Cannes Summit in November 2011	Completed
Work with international partners to attempt to achieve substantive progress on the Doha Development Agenda (DDA), with a credible schedule for conclusion at World Trade Organisation (WTO) Ministerial in December 2011	Completed
Influence G20 to include language supporting the African Free Trade Area in Seoul communiqué as part of the African Free Trade programme	Completed

Last updated: 13 Jan 2012

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