§ Mr. Morgan
To ask the President of the Board of Trade at which(a) geographical areas and (b) sectors of job creation the reserves of the European Coal and Steel Community will be targeted when the ECSC is wound up.
§ Mr. Sainsbury
The ECSC treaty expires in 2002. Discussions are already underway with our EC partners and the Commission on the future of the ECSC financing activities. The Council has called on the Commission to bring forward proposals for using the reserves in the way most suitable for the industries concerned.