§ 25. Mr. Nelson
asked the Secretary of State for Trade what action he proposes to take to facilitate the provisions of insurance services by British companies in Europe.
§ Mr. Eyre
Freedom to provide services across frontiers within the Community already exists under the Treaty of Rome. 363W A draft directive which would harmonise member states' laws and rules in order to make that freedom effective for insurance is currently under discussion in Brussels, with our full participation. The Community will shortly be taking stock of progress, which has been regrettably slow.
An important step has, however, already been taken with the coming into force on 2 June this year of the directive on Community co-insurance. I expect United Kingdom insurers to take the fullest possible advantage of the opportunities it offers.