HC Deb 24 March 1976 vol 908 cc198-9W
Mr. Blaker

asked the Secretary of State for Trade whether Her Majesty's Government, in the forthcoming UNCTAD talks in Nairobi, intends to favour the integrated approach to the establishment of commodity agreements.

Mr. Shore

At the Commonwealth Heads of Government Meeting in Jamaica 1975 my right hon. Friend the Prime Minister made a number of proposals for dealing with the problems of instability in commodity trade. Discussion on these problems are continuing in a number of international fora, and the United Kingdom is participating fully in the on-going examination of possibilities for international action including the UNCTAD proposals. We continue to believe that it may be possible to reach a consensus on international guidelines for trade in commodities which could be complemented by appropriate specific arrangements for individual commodities. We see difficulties with the package of propsals put forward by the UNCTAD Secretariat, but we are continuing to study them in a positive way.

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