§ Mr. Ernie Rossasked the Secretary of State for Scotland if his Department will investigate the setting up of a review board for industrial development in Scotland along the lines of that currently existing in Canada to decide if the policies of incoming multinational companies are compatible with overall industrial strategy, and to consider the involvement of the Scottish Development Agency should such policies appear to work against Scottish interests.
§ Mr. Alexander FletcherNo. The Government have a declared policy in favour of inward investment because of the benefits brought to Scotland and the United Kingdom in terms of new jobs, technology transfer and new management skills. The establishment of such a body might deter overseas investors, and would serve no purpose since "Locate in Scotland" in negotiation with foreign companies seeks to ensure that projects produce a net economic benefit to the United Kingdom economy.