HC Deb 23 July 1982 vol 28 cc331-2W
Mr. Proctor

asked the Minister for Trade, pursuant to his answer to the hon. Member for Basildon on 19 July, Official Report, c. 6, what was the substance of the comments received by his Department from the Institute of Directors concerning the creation of free ports.

Dr. Vaughan

The Institute of Directors suggested that every incentive which might induce larger investment flows and attract trade to the United Kingdom should be explored in detail. In particular, the institute proposed that consideration should be given to the establishment in the United Kingdom of a flexible system of bonded warehousing comparable to that now operated in the Netherlands.

Back to