44. Mr. Alan Lee Williamsasked the Secretary of State for Industry if he will make a statement on the agreement reached with OECD regarding a code of conduct designed to govern the conduct of multinational companies.
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Mr. Alan WilliamsAs my right hon. Friend told my hon. Friend the Member for Thornaby (Mr. Wrigglesworth) on 18th June—[Vol. 913, c.308–9]—in the view of Her Majesty's Government, the OECD declaration and decisions constitute a major step forward. My right hon. Friend has made a full statement of Her Majesty's Government's attitude in the foreward to the White Paper 'International Investment: Guidelines for Multinational Enterprises" (Cmnd 6525) published on 24th June 1976.