European Community (Import Licensing Arrangements)

HC Deb 19 July 1983 vol 46 cc79-80W

Mr. Colvin

asked the Secretary of State for Trade and Industry what will be the effect on the United Kingdom balance of payments of the new import licensing arrangements for certain goods coming from the European Community.

Mr. Channon

The licensing requirements announced on 4 July 1983 continue previous arrangements designed to prevent the circumvention of MFA and other quotas. No precise estimate can be made of the effect of these relatively minor changes.