HC Deb 14 March 1967 vol 743 cc60-1W
Mr. Elystan Morgan

asked the First Secretary of State for Economic Affairs what financial assistance would be available to areas such as mid-Wales from the European Economic Community on the United Kingdom entering the European Economic Community.

Mr. Harold Lever

The Guidance Section of the European Agricultural Guidance and Guarantee Fund provides for contributions towards expenditure on approved projects for improvements in the structure of agricultural production and marketing. The European Investment Bank helps to finance suitable general projects on a loan and guarantee basis in less developed regions. If the United Kingdom join the Community, areas such as mid-Wales would be eligible for assistance, but at this stage it is not possible to make any quantitative estimate of financial assistance from these sources, either overall or for any particular areas.