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Britain will use the relief budget to promote trade in Africa



CAPE TOWN (Reuters) – Britain will use its international aid budget to strengthen its national interest and deepen trade relations with Africa, Prime Minister Theresa May will explain to an audience in South Africa on Tuesday.

FILE PHOTO: UK Prime Minister Theresa May returns to Downing Street from the Houses of Parliament in London on June 1

2, 2018. REUTERS / Toby Melville / archival photo

May, struggling to unite their divided party The plan to bring Britain out of the European Union will visit Nigeria and Kenya as part of a three-day visit to Africa with a group of business delegates ,

It is expected that it will decide to leave the entire British aid budget at 0.7 percent of economic output, but adds that it will be "ashamed" of using it in a way that helps Britain.

The target was earlier attacked by many of May's own legislators, who say it's a dull tool that's too high and should be spent elsewhere or in the UK itself.

May will say that it wants Britain to become the largest investor in Africa from the countries of the Group of Seven Nations, overtaking the United States, using the aid budget to help British private companies on the continent to invest.

"I'm not ashamed that our aid program is working for the UK," May said in her speech after excerpts from her office.

"Today I commit that our development spending not only tackles extreme poverty, but also addresses global challenges and supports our own national interests, ensuring that our investment in aid benefits us all, and is full of our broader national ones Safety priorities. "

Letter from Kate Holton; Edited by Michael Holden

Our standards: The Thomson Reuters Trust Principles.

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