§ Mr. Dalyell
To ask the President of the Board of Trade, pursuant to her letter of 8 December to the hon. Member for Linlithgow, concerning the concordat on inward investment, what are the principles on which the proposed concordat will be founded. 
§ Mrs. Beckett
[holding answer 23 March 1998]The underlying principle is co-operation between all parts of the United Kingdom to allow effective negotiations to attract large inward investment projects. The proposed concordat on financial assistance will be an agreement between all parties seeking better co-ordination and co-operation, the sharing of best practice, and transparency.