§ 78. Mr. FavellTo ask the Secretary of State for Foreign and Commonwealth Affairs what help he is giving to British companies interested in investing in eastern Europe.
§ Mr. WaldegraveInvestment promotion and protection agreements are in force with Poland, Hungary and Romania. Double taxation agreements have been signed or initialled with all eastern European countries. Overseas investment insurance scheme is open for applications for British firms seeking to invest in eastern Europe. Our know-how fund can meet half the cost of pre-investment studies, and the training costs of potential joint ventures in qualifying countries. British embassies and the Department of Trade and Industry offer information and advice on joint ventures and legislation.