§ 85. Mr. Stonehouseasked the Secretary of State for Defence if he will make a statement on the negotiations with Spain for the supply of frigates.
§ Mr. ThorneycroftWe have for some time been discussing with the Spanish Government the building of warships of British design in Spain. Until recently it seemed that the negotiations would reach a successful conclusion but I understand that the Spanish Government do not now intend to proceed with them. It is estimated that the agreement would in all have been worth some £11 million to the British economy, £2–3 million for design fees and similar payments and £8–9 million for equipment manufactured in this country for the Spanish Government.