Had an interesting discussion this week in Brussels about EU policy towards foreign direct inward investment.
Should the EU allow anyone to buy up our strategic industries - especially energy and defence? Should we insist on reciprocity of investment opportunity if we allow inward FDI? Or should we manage our risks by a move towards a "democracies-only" inward investment policy?
More to the point, how can we make sure that we have a free choice and not one forced by need for FDI - a position which we should surely be able to reach, given the size of our GDP.
Hard choices - or rather avoidance of them by the EU - a theme I'll return to in 2008, reinforced by time to reflect from far away from Europe.
This is the last blog for 2007, so I leave you with a poser (mainly for British readers)
Who, before Gordon Brown, was the last man from Dunfermline to try to rule England?
Answer in first post of 2008 - have a good Christmas and New Year