European Economic Community

HC Deb 18 January 1972 vol 829 cc115-6W

Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether he will make a statement on his most recent discussions with the Finance Ministers of the Six Common Market countries.

Mr. Higgins

My right hon. Friend joined the E.E.C. Finance Ministers present in Washington in their consultations before and during the Group of Ten Meeting on 17th–18th December last. These discussions contributed to the satisfactory agreement which was reached by the Group of Ten as a whole.

Mr. Edward Taylor

asked the Chancellor of the Exchequer what changes will require to be made in the estimates of Great Britain's net contributions to the finances of the European Economic Community as set out in the White Paper, entitled "The United Kingdom and the European Communities", in consequence of changes in the exchange rate of international currencies since the publication of the White Paper.

Mr. Higgins

It is not yet possible to say.