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That this House takes note of European Community Documents Nos. 11165/97, two draft Regulations on aid to shipbuilding, and 11167/97, a Commission Communication: Towards a new shipbuilding policy (as they relate to new rules on Community aids to shipbuilding); and approves the Government's support for the Commission's proposals to end operating aid for shipbuilding and to focus remaining aids on improving the competitiveness of the industry, as providing a good basis for reaching agreement and fully
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taking account of the UK's shipbuilding interests, subject to the Government being satisfied that the aid limits and monitoring provisions are sufficiently rigorous.