§ 55. Mr. Marquandasked the Secretary of State for the Colonies whether he has studied the recommendations by the Assembly of the Council of Europe that an Investment Statute be promulgated and an Investment Guarantee Fund be established to facilitate the development of colonial and other underdeveloped territories; and what consultations he has had with Colonial Governments about these proposals.
§ Mr. ProfumoHer Majesty's Government have these recommendations under consideration, and I would refer the right hon. and learned Member to the reply given by my right hon. Friend the Joint Under-Secretary of State for Foreign Affairs on 21st July. It would be premature to consult Colonial Governments at this stage.