HC Deb 16 November 1970 vol 806 cc335-6W
117. Mr. Shore

asked the Chancellor of the Exchequer if he will make avail- able to hon. Members and to the public, copies in the English language of the Werner Report on Economics and Monetary Union in The Six, a copy of which is in his possession.

Mr. Higgins

Copies of a translation of this report have been placed in the House of Commons Library.

119. Mr. Tugendhat

asked the Chancellor of the Exchequer what proportion of business done in the City of London, and for the invisibles trade, is conducted with the countries of The Six; and what estimate has been made of the effect on this trade of our entry into the European Economic Community.

Mr. Higgins

Information on the first part of my hon. Friend's Question could only he obtained by special inquiry. I understand that the Committee on Invisible Exports has begun a study on invisibles and entry to the E.E.C. I would expect the effect of entry to be on the whole favourable to this trade.

Mr. Marten

asked the Chancellor of the Exchequer if he will make a statement on the Government's policy to the Werner Committee Report on a European Monetary Union.

Mr. Higgins

The Werner Report has now been presented to the Council of Ministers of the Community. The Council is expected to discuss it later this year, and we shall, of course, follow the discussions very closely.

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