LONDON Dec 14 The British government intends to
publish a letter it sent to automaker Nissan assuring
it that investments would be safe after Brexit, but only when
some of the information in it is no longer confidential, a
minister said on Wednesday.
Business minister Greg Clark gave no timescale for releasing
the letter, which has been the subject of intense speculation,
and gave no details as to the nature of the private information.
The Japanese manufacturer decided in October it would build
new car models in Britain after receiving a letter from the
government saying investment conditions would remain competitive
after the country leaves the European Union.
The news sparked concerns that the government may have
offered Nissan a sweetheart deal and that other companies would
demand similar arrangements.
The government has so far refused to publish the letter but
Clark told lawmakers on Wednesday he would make it public once
some of its content was no longer confidential.
"There are apects that are commercially confidential but
they are not permanently so. So my intention would be to release
the letter as soon as the particular commercial
confidentialities for the firm are no longer there," he said.
The head of Britain's National Audit Office said on Tuesday
he had examined the letter and that he was satisfied the
government had no contingent liability due to the assurances.
(Reporting by Karolin Schaps, editing by Estelle Shirbon)