§ 65. Mr. David Watkinsasked the Secretary of State for Trade and Industry what immediate advantages he expects to accrue to the ball and roller bearing industry as a result of the signing of the Treaty of Accession to the Treaty of Rome; and if he will make a statement.
§ Sir J. EdenWider market opportunities and the expected increase in economic activity in the United Kingdom will be the immediate advantages arising from our membership of the E.E.C.
320W
§ 66. Mr. David Watkinsasked the Secretary of State for Trade and Industry what proposals he is considering about the position of the Iron and Steel Consumers' Council in relation to the signing of the Treaty of Accession to the Treaty of Rome.
§ Sir J. EdenMy right hon. Friend has already told the House that the Iron and Steel Consumers' Council will be wound up in conformity with the Treaty of Paris when we become members of the European Coal and Steel Community.
§ Mr. Arthur Lewisasked the Secretary of State for Trade and Industry whether he is aware that the Commission of the European Economic Community have drafted a directive to harmonise the information which joint stock limited liability companies are required to disclose in their balance sheets and profit-and-loss statements; to what extent on entry into the European Economic Community the United Kingdom will be bound by these rules and how it will affect British companies; and whether he will make a statement.
§ Mr. RidleyThe Commission have presented to the Council proposals for a directive on company accounts. The proposal is under consideration in the Community, and we shall have an opportunity to make our views known before any directive—with which we shall have to comply—is issued. Much of the effect of the draft directive is already covered by our Companies Acts.