§ Mr. Cordleasked the Secretary of State for Foreign and Commonwealth Affairs what steps he has taken to extend the advice and assistance of the Commonwealth Development Corporation in strengthening the Ghana economy.
§ Mr. WoodThe corporation has investments in three projects in Ghana. It is primarily for the corporation in its commercial judgment to consider whether any further activities should be undertaken there.
§ Mr. Cordleasked the Secretary of State for Foreign and Commonwealth Affairs whether he is satisfied with the present arrangements governing the remission to the United Kingdom of profits and dividends earned by British-based companies operating in Ghana; and if he will make a statement.
§ Mr. KershawThe position is not clear. The new Government made a unilateral announcement on 5th February about payment of short-term commitments which may affect the remission of profits and dividends. Her Majesty's Government are still studying this statement.
§ Mr. Cordleasked the Secretary of State for Foreign and Commonwealth Affairs what representations he has received from British-based companies operating in Ghana concerning the conditions under which they operate; and what discussions he has had with the Ghana Government as a result.
§ Mr. KershawNone. We are however in close touch with representatives of British-based companies in Ghana, with which there is a regular exchange of views.