HC Deb 04 February 1974 vol 868 c212W
Mr. Elystan Morgan

asked the Secretary of State for Wales what benefits have come to Wales on account of Great Britain's membership of the EEC.

Mr. Peter Thomas

Specific benefits include new industrial investment, a major loan from the European Investment Bank to help finance the development of the Llanwern steelworks and availability of ECSC funds in cases of coal and steel redundancy. Wales, in common with other parts of the country, now has opportunities of access to an enlarged agricultural and industrial market and has much to gain by the creation of an effective regional policy throughout the Community.

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