HC Deb 07 November 1972 vol 845 cc123-4W
42. Mr. David Stoddart

asked the Secretary of State for Trade and Industry what is his estimate of the amount of the proposed European Economic Community Regional Fund; what is the likely United Kingdom contribution to the fund; and what level of benefit is likely to be derived from it by the United Kingdom.

Mr. Chataway

I cannot anticipate the outcome of the Community's work on this subject during 1973.

Mr. Arthur Lewis

asked the Secretary of State for Trade and Industry whether he is aware that under a Common Market ruling British industry will be obliged to apply dissimilar conditions to equivalent transactions with other trading parties; how this will be applied; and how this will affect British industry.

Sir G. Howe

I am not clear about the precise conditions and transactions to which the hon. Member is referring. If he will write to me giving fuller details I will try to help him.

Mr. Marten

asked the Secretary of State for Trade and Industry what is the minimum figure acceptable to Her Majesty's Government for regional aid receipts from the European Economic Community.

Mr. Chataway

This will depend on the results of the Community's work on this subject during 1973.