§ 28. Mr. Bowen Wells
asked the Secretary of State for Trade and Industry what are Her Majesty's Government's principal objectives at the UNCTAD VI conference; and if she will make a statement.
§ Mr. Parkinson
Our principal objective is to work towards agreement on policies leading to a progressive return to sound and sustainable growth. On points of detail, we would like the conference to support the reduction of trade barriers in all countries as world economic recovery progresses; to encourage signatories to follow the United Kingdom's example and ratify the common fund for commodities; and to pursue the United Kingdom's positive initiative on foreign private investment. As an indication of the importance we attach to UNCTAD VI, my right hon. Friend the Minister for Trade is currently in Belgrade for the closing stages of the conference.