§ Mr. Norrisasked the Secretary of State for Trade and Industry what definition he uses of local content in his negotiations with the Nissan Motor Company; if he will specify the items included; and if he will make a statement.
§ Mr. ButcherOur discussions have been based on an ex-works price definition; this includes EC bought-in components and materials, local labour and other overheads including depreciation, and manufacturing profit.