§ Mr. WorthingtonTo ask the Chancellor of the Exchequer how much assistance the United Kingdom will qualify for under the EC's proposed cohesion fund through having a gross national product which is less than 90 per cent. of the EC average.
§ Sir John Cope[holding answer 30 October 1992]: The cohesion fund envisaged in the Maastricht treaty will be a structural fund; and the method of calculating relative wealth for these funds is to use purchasing power parities. The United Kingdom would not qualify for any assistance from the cohesion fund on that basis.