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Packet agreement right way forward says Treasury Minister

Minister addresses concerns from Ramsey MHK

Treasury Minister says he's confident the shareholder agreement with the Steam Packet provides the foundations for 'an appropriate relationship moving forward'.

Alfred Cannan was speaking in the House of Keys this morning (Tues 27th) in response to a question from Ramsey MHK Lawrie Hooper.

Mr Hooper had concerns over how plans would meet the Tynwald objective that the company operates at arm's length from Government.

Mr Cannan told the House the agreement with the company would be evolutionary rather than revolutionary.

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