HC Deb 07 July 1988 vol 136 c728W
22. Mr. Boswell

To ask the Minister of Agriculture, Fisheries and Food if he will make a statement on progress in eliminating monetary compensatory amounts affecting United Kingdom farms.

71. Mr. Nicholas Bennett

To ask the Minister of Agriculture, Fisheries and Food if he will make a statement on the negotiations for changes in the value of monetary compensatory amounts.

92. Mr. Gale

To ask the Minister of Agriculture, Fisheries and Food what further steps he envisages being taken on the green pound between the present time and 1992.

96. Sir Peter Emery

To ask the Minister of Agriculture, Fisheries and Food what recent steps he has taken to bring about the full devaluation of the green pound.

Mr. MacGregor

As the next stage in dismantling MCAs by 1992, the recent Council of Ministers meeting agreed, as part of the price fixing and following United Kingdom pressure, that the green pound will be devalued on 1 January 1989 so as to reduce United Kingdom MCAs by 3.2 points. It was also agreed that the Commission should now examine the measures to adopt for future stages.