Minerals: Investment
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps are being undertaken to promote UK investment in critical minerals and other resources outside of regions where forced labour is a significant risk, such as Xinjiang.
Answered by Seema Malhotra
As set out in the UK's Critical Minerals Strategy, we are working through bilateral and multilateral initiatives to promote transparent, sustainable, and responsible supply chains that uphold robust labour standards.
Last year the UK worked with multilateral partners to agree the G7 Critical Minerals Action Plan, and G20 Critical Minerals Framework. We support global standards such as the Organisation for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Mineral Supply Chains which helps businesses operate responsibly in high-risk areas.
In addition, the Modern Slavery Act requires large businesses operating in the UK to report annually on steps taken to combat forced labour in their supply chains, and the Government is reviewing its approach to responsible business conduct as part of the Trade Strategy. This includes assessing the effectiveness of current measures and exploring alternative ways to prevent human rights abuses in supply chains.
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