COMMONWEALTH EXCHANGE

That this House welcomes the creation of Commonwealth Exchange (CX), a new foundation established to promote a 21st century vision of the Commonwealth with particular focus on trade, education and defence; notes that CX will add value and complement existing organisations, while making the case for a revived Commonwealth that will advance the UK in the global race as well as lifting millions out of poverty through deeper small and medium-sized enterprise trade and investment ties; and urges the Government to re-engage with the potential and power of our shared Commonwealth that consists of developed, developing and emerging economies with over two billion people, operating in every habitable continent and in each world time zone for the betterment of all involved.