§ Mr. Chaytor
To ask the Secretary of State for the Environment, Transport and the Regions what assessment he has made of the impact of the Multilateral Agreement on Investment on the powers of regional development agencies. 
§ Mr. Caborn
The Multilateral Agreement on Investment is currently being negotiated at the OECD. Parties to the Agreement will be required not to discriminate against foreign investors. Since Regional Development Agencies will not discriminate in this way, there is no reason why the Agreement should have an impact on them.