HC Deb 25 June 1979 vol 969 cc17-8
20. Mr. Thomas Cox

asked the Secretary of State for Industry what talks he proposes to have with the Japanese Government to increase common industrial development.

Sir Keith Joseph

I met Japan's Minister for International Trade and Industry last month. I hope for further contacts at ministerial and official discussions on common industrial issues.

Mr. Cox

Is the right hon. Gentleman aware that there is a clear indication by Japanese industrialists that they wish to develop general projects with British companies? In view of that, will he urgently seek a meeting with the Japanese Embassy staff in London, the TUC and the CBI to discuss what kind of projects can be developed, in particular such developments as the silicon chip?

Sir K. Joseph

We are aware of the possible increase in Japanese inward investment and the general atmosphere. In case the hon. Gentleman has anything new to say, I invite him to discuss it with me.

Mr. Budgen

Will my right hon. Friend undertake that this Government will not follow the bad example of the previous one in seeking to dissuade inward investment by the Japanese, particularly in the north of England?

Sir. K. Joseph

Yes, Sir.

Mrs. Dunwoody

Will the right hon. Gentleman look carefully at inward investment? There is no point in projects that consist entirely of buying in Japanese parts and using the cover of a British firm. That creates unemployment for British workers.

Sir K. Joseph

That is not the sort of project that the Japanese would regard as desirable. They are as anxious for a continuing welcome here as our firms would be in Japan.