§ 27. Mr. Nicholas Wintertonasked the Secretary of State for Trade what action he now proposes to take following the European Court of Justice decision that export credits fall within the competence of the EEC Commission.
§ Mr. DellThe European Court of Justice's Opinion No. 1/75 was given in the context of a very narrow area of export credit activity, namely, the extent to which the Community, not the Commission, has competence to enter into an OECD Understanding limiting official10W support for local costs associated with export projects. Action following the Opinion is proceeding through normal Community channels.