§ 38 and 39. Mr. TAYLORasked the Parliamentary Secretary to the Overseas Trade Department (1) when the Report on credit insurance will be available; and whether moneys voted for the purpose of exports credits under the Overseas Trade Acts will be used in connection with the contemplated new scheme of credit insurance;
(2) if the new credit insurance scheme will be available for the financing of Anglo-Russian trade?
Mr. SAMUELI hope that the Report of the Credit Insurance Committee may be available about the end of this month, but I am unable to indicate what the Committee's Report will contain. As regards the application to Russia of any proposals which may emerge from the Report, the policy of His Majesty's Government in relation to the granting of Government credits for Russian trade was explained by my right hon. Friend the President of the Board of Trade during the Debate on the Committee stage of the Trade Facilities Bill, and I can add nothing to the statement which he then made.