§ Ms. MowlamTo ask the Secretary of State for Trade and Industry if the proposed directive on investment services will be under negotiation at the Maastricht summit; and if it remains Her Majesty's Government's policy to press for its adoption.
§ Mr. RedwoodThe Investment Services Directive is not on the agenda for the Maastricht summit. The Government wish to see a directive which genuinely liberalises the single market in investment services and which does not impose unnecessary restrictions on member states' markets.