HC Deb 30 November 1992 vol 215 c31W
Mr. Pike

To ask the President of the Board of Trade which areas of the country his Department proposes should benefit from the Retex initiative.

Mr. Sainsbury

The European Commission has decided that grants under the Retex initiative should be available only within areas designated for objective 1, 2 and 5(b) of the structural funds. Many of the United Kingdom's textile-dependent areas are not objective 1, 2 or 5(b) areas.

We intend that applications for grants will be invited from textile areas in all eligible regions. Because of the limited funds available, only the best projects can expect to be successful.

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