European Community Policies

Part of Oral Answers to Questions — Foreign and Commonwealth Affairs – in the House of Commons at 12:00 am on 26th June 1985.

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Photo of Malcolm Rifkind Malcolm Rifkind Minister of State (Foreign and Commonwealth Office) 12:00 am, 26th June 1985

The United Kingdom has not been a member of the exchange rate mechanism of the EMS for several years, and I do not believe that that has significantly held back the development of Community policies. Indeed, it is significant that the use of the ecu is more freely available in the United Kingdom than it is in many states which are members of the exchange rate mechanism of the EMS.