§ 17. Mr. T. SMITHasked the Secretary to the Overseas Trade Department what foreign Governments permit the use of export credit schemes for the export of armaments or grant subsidies to firms exporting arms to other countries?
§ Captain WALLACESo far as I am aware, no foreign Government is prevented by any statutory restriction from assisting the sale of armaments by means of export credit facilities provided by the State. Owing to the diversity of the measures adopted by different countries and the difficulty of ascertaining what proportion of the output of a given subsidized industry may be devoted to armament purposes, it is not possible to reply to the second part of the hon. Member's question.