HC Deb 23 January 1978 vol 942 c476W
Mr. Lomas

asked the Secretary of State for Trade whether he anticipates conceding in any future talks on the Common Fund that the fund might have to be used for measures other than butter stocks; and if he will make a statement.

Mr. Meacher

It is too early to say, in advance of further discussion with other developed and developing countries, how this issue will be dealt with in resumed negotiations on the fund. The countries of Group B have made it clear that their minds are not closed on the issue; and that they would be prepared to consider a role for the Fund in respect of such measures in the context of agreement on its wider objectives and modalities.

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