HC Deb 12 January 1971 vol 809 c52W
Mr. Deakins

asked the Chancellor of the Exchequer what other Government Departments he is consulting for the purpose of assessing the implications for the United Kingdom economy of the proposals for economic and monetary union put forward by the European Economic Community Commission.

Mr. Higgins

All the Departments concerned, especially the Foreign and Commonwealth Office and the Department of Trade and Industry.

Mr. Deakins

asked the Chancellor of the Exchequer if he will publish the results of his studies of the proposals for economic and monetary union put forward by the European Economic Community Commission, when these studies have been completed.

Mr. Higgins

No.

Mr. Deakins

asked the Chancellor of the Exchequer if, in the negotiations for United Kingdom entry into the European Economic Community, he will be discussing the future of the sterling balances.

Mr. Higgins

Her Majesty's Government are ready to have discussions with the Community on economic, monetary and financial questions connected with accession which the Six wish to raise; these will include the international position of sterling. It is not envisaged that these discussions should form part of the negotiations themselves.

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