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Defence-Related Industries

Volume 229: debated on Wednesday 21 July 1993

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20.

To ask the President of the Board of Trade what further plans his Department has to assist firms in defence-related industries to diversify into new products; and if he will make a statement.

My Department will continue to provide advice on diversification through the "Changing Tack" regional seminar programme and associated help Manual. In addition, areas which are adversely affected by defence changes may be able to benefit from the EC KONVER initiative, which will be worth some £15 million to the United Kingdom as a whole.