§ Mr. Clinton Davisasked the Secretary of State for Trade if he will make a statement on the Government's attitude towards proposals advanced in the United Nations Conference on Trade and Development for a bulk liner code.
§ Mr. TebbitThere are no proposals for an international convention on the bulk trades on the model of the United Nations liner code. At UNCTAD V, all the industrialised countries voted against resolution 120 (v) which supports the principle of cargo-sharing in bulk trades. The Government continue to believe that bulk trades are best served by a freely competitive regime.