The EEC was irrelevant to the Commodity Crisis which developed following the oil crisis.
Above all, I emphasise the fact that GATT will not tackle the Commodity Crisis, which is at the heart of the developing countries' problems.
On trade, the Government certainly should, and could, be much more helpful in the renegotiation of international commodity agreements in order to tackle what I have described as the worst aspects of the Commodity Crisis.
It seems that the GATT will not tackle the Commodity Crisis.