Oral Answers to Questions — Eec Ministerial Meetings

Part of the debate – in the House of Commons at 12:00 am on 16th January 1974.

Alert me about debates like this

Photo of Mr Peter Shore Mr Peter Shore , Stepney 12:00 am, 16th January 1974

Further to the questions raised by my hon. Friends the Members for West Lothian (Mr. Dalyell) and Hey-wood and Royton (Mr. Joel Barnett), can the right hon. Gentleman tell the House whether in the discussions on Community response to the oil crisis there was any consideration of unilateral oil-for-arms or oil-for-commodity deals by member States and, in particular, whether the Franco-Saudi deal was discussed? If not, what is the purpose of having a Community of any kind, if matters of this kind and magnitude are not discussed among the members?

Will the right hon. Gentleman come back to the question of the British economy? He must have read the speech by the Governor of the Bank of England, and he must be aware of the present standing of the pound. Is he telling us that at a two-day meeting of the EEC he, or his right hon. Friend the Foreign and Commonwealth Secretary, did not take the opportunity of discussing the British economic situation so as to give the Community countries a warning of the very strong measures that a British Government—if not the present Government—will soon have to take?