HC Deb 10 November 1978 vol 957 cc369-70W
Mr. Madden

asked the Secretary of State for Industry which National Enterprise Board subsidiaries, or companies in which the National Enterprise Board holds equity or other interests, trade or invest in South Africa.

Mr. Les Huckfield

This is a matter for the NEB.

Mr. Madden

asked the Secretary of State for Industry what policy guidelines are observed by the National Enterprise Board, in relation to wholly-owned subsidiaries or companies in which the National Enterprise Board has an equity or other interest, trading or undertaking investment in South Africa; and what instructions he has given to the National Enterprise Board on this matter.

Mr. Les Huckfield

As I said in reply to my hon. Friend the Member for Sheffield, Heeley (Mr. Hooley) on 2nd August 1978, the Government's declared policy on trade with and investment in South Africa will be known to the NEB and its subsidiaries as to other British companies. The NEB and its companies will also be aware of Cmnd 7223 of 25th May, which commended the code of conduct adopted by the Governments of the nine member States of the European Community on employment practices for companies with interests in South Africa.