HC Deb 18 February 1975 vol 886 c361W
Mr. Ian Lloyd

asked the Secretary of State for Foreign and Commonwealth Affairs whether he will place a copy of the Lomé Convention in the Library.

Mrs. Hart

I have been asked to reply.

The definitive text is not yet available. But, as I said in my statement on 3rd February—[Vol. 885, c. 946]—I shall make it available to the House as soon as possible.

Mr. Ian Lloyd

asked the Secretary of State for Foreign and Commonwealth Affairs what estimate he has made of the total cost to the United Kingdom of any support for commodity price or income stabilisation schemes to be supported by the United Kingdom under the Lomé Convention.

Mrs. Hart

I have been asked to reply.

In the course of the negotiations for the Lomé Convention it was agreed that the sum of 400 million units of account—approximately £200 million—should be made available from the European Development Fund for the commodity stabilisation scheme—375 million units of account for the ACP and 25 million units of account for dependent territories. It was also agreed that the United Kingdom would contribute 18.7 per cent. of the overall resources—about £1,600 million—being made available under the new fund. This means that the United Kingdom can be expected to contribute approximately £37 million to the commodity stabilisation scheme over the five year period of the convention.