§ 8. Mr. Maddenasked the Secretary of State for Trade what increase, on average, in percentage terms, there has been in imports, in each industrial sector identified within the industrial strategy, over the past two years.
§ Mr. MeacherEstimates of import penetration, in value terms, for industries corresponding as closely as possible to the industrial strategy sectors were published in Trade and Industry on 19th May.
§ Mr. MaddenDo not those estimates show that in virtually every industrial sector there is ever-increasing import penetration? Is it not a fact that sooner rather than later we need to introduce selective import controls if we are to defend jobs and British industries?
§ Mr. MeacherIn the year to June 1977, the latest year for which we have evidence, import penetration for all manufactured goods rose to 25 per cent. However, in many of the industrial strategy sectors there was no increase in import penetration. We must allow more time to ascertain how far the industrial strategy is able to reduce import penetration, or at least import penetration increases that are not matched by export increases. As my hon. Friend knows, there are substantial areas that are already covered by selective import controls. The Government are prepared to extend these where disruption is caused to an otherwise viable industry.
§ Sir A. MeyerHas the hon. Gentleman noticed that those who call most loudly for import controls almost invariably are those who complain that the Common Market is inward looking? Will he confirm that there is no future for Britain as a trading nation if it follows a policy of massive import controls?
§ Mr. MeacherNobody was suggesting a policy of massive import control.