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Mr. Ray Powell
asked the Secretary of State for Wales if he will publish a White Paper on the prospects for Welsh industry in the 1980s.
Mr. Nicholas Edwards
No. The medium-term prospects for industry will depend largely on the prospects for world trade; industry's success in becoming competitive in international and domestic markets; and the speed at which we can reduce the rate of inflation. I do not consider that the publication of a White Paper will contribute to the resolution of these issues.