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Mr. Shersby
asked the Secretary of State for Trade what would be the net cost to the United Kingdom of supporting the UNCTAD proposal for an integrated commodity programme including a common fund; and if he will make a statement.
Mr. Meacher
It is too early to say, pending further international work on the commodities in the programme and on the possible size, scope and objectives of a fund. We shall play an active part in this work, which is now under way following the fourth UNCTAD Conference in Nairobi.