§ Mr. WallaceTo ask the Secretary of State for Scotland what assessment his Department has made of the possible advantages to Scotland of the EC cohesion fund; and if he will make a statement.
§ Mr. Allan Stewart[holding answer 4 June 1992]: No such assessment has been made because no assistance will be available to Scotland through the cohesion fund. It will assist only member states whose per capita GNP is less than 90 per cent. of the Community average— Portugal, Spain, Greece and the Republic of Ireland—provided they meet certain macro-economic policy conditions.