§ Mr. Lomasasked the Secretary of State for Trade if he will ensure that Her Majesty's Government give full support to the Common Fund at the negotiations due to take place in Geneva in November.
§ Mr. Meacher:Following the agreement in June between developed and developing countries in the Conference on International Economic Co-operation that a Common Fund should be established, the specific objectives and purposes of such a Fund are to be considered next
DEPARTMENT OF TRADE INVESTIGATIONS Country of Origin Product Outcome of investigation Japan … … … … Steel light sections Duty of £11 per tonne imposed on 7th July 1977. Japan … … … … Steel flat bars A measure of dumping was found, but this was insufficient to justify a duty. Spain … … … … Steel reinforcing bars, light sections and flat bars. Agreement has been reached, subject to formal ratification on the price and quantity of future exports to the United Kingdom.
EEC COMMISSION INVESTIGATIONS Country of Origin product Outcome of investigation (a) Completed since 1st July 1977— Mexico and Bazil Sisal twine Closed on 9th September 1977 following the receipt of satisfactory undertakings. Japan Ball and tapered roller bearings. A duty of 15 per cent. Was imposed on 4th August 1977 but was immediately suspended, as a satisfactory undertaking had been received. (b) Investigations in progress— Brazil Soya meal Korea and Taiwan Bicycle tyres and inner tubes. Brazil Haematite pig iron