§ Mr. Foulkesasked the Secretary of State for Trade and Industry if he has made any assessment of the anticipated loss in United Kingdom trade with Latin American countries following Spanish accession to the European Economic Community.
§ Mr. ChannonIt is not possible to quantify the effect which Spanish accession will have on our trade with Latin America, but I see no reason to assume that the effect would be harmful. Indeed, I look forward to the possibility of British and Spanish companies co-operating in the Latin American market.