HC Deb 18 April 1988 vol 131 c337W
Mr. David Porter

To ask the Minister of Agriculture, Fisheries and Food if he will make a statement on the future of the green pound in the light of the intended fiscal harmony within the EEC in 1992.

Mr. MacGregor

The completion of a single Community market for agricultural products by 1992 requires removal of monetary compensatory amounts which are applied in agricultural trade. I have told the Agriculture Council that it would be appropriate to take a measured step in that direction in the context of the 1988 price fixing.