§ Mr. PopeTo ask the President of the Board of Trade what discussions he has held with the European Commission about the use of funds under the Konver programme to assist larger defence contractors.
§ Mr. Sainsbury[holding answer 1 November 1993]: None. In accordance with the Government's usual policy on the use of grant available from the European structural funds, I have proposed that such UK Konver grants as may benefit companies should be confined to small and medium-sized enterprises. As is the case with structural funds grants generally, most UK Konver grants will not be made directly to companies.