Capital Investment (EEC Countries)

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 22nd February 1973.

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Photo of Mr Roger Moate Mr Roger Moate , Faversham 12:00 am, 22nd February 1973

Are not certain Community countries now operating even tougher restrictions on investment movement? Is it not also the case that we are committed, by the end of next year, to removing all remaining restrictions on the financing of direct investment? Can my hon. Friend say whether, if this programme in the transitional arrangements is to be adhered to, it will be done only on a reciprocal basis?