HC Deb 30 November 1983 vol 49 cc494-5W
Mr. Austin Mitchell

asked the Secretary of State for Trade and Industry whether he monitors the effect on imports of reductions in tariffs agreed under the Tokyo round.

Mr. Channon

The White Paper "General Agreement on Tariffs and Trade, The Multilateral Negotiations 1973–1979"—Cmnd. 7724 of 1979—estimated that the average trade weighted external tariff of the European Community would fall from 9.8 per cent. to 7.5 per cent. over the period of the Tokyo round. The trade weighting was carried out using 1976 trade volumes as a basis. No detailed monitoring has been carried out because of the difficulties of isolating the effects of the Tokyo round tariff reductions from the many other influences on trade patterns and volumes since then.

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