HC Deb 12 July 1938 vol 338 c1085
52. Mr. Price

asked the Secretary to the Overseas Trade Department whether any steps are contemplated to extend credits to any of the countries of the Balkans and South-eastern Europe on terms similar to those which were arranged in the recent Anglo-Turkish agreement?

Mr. R. S. Hudson (Secretary, Overseas Trade Department)

The facilities provided by the Export Credits Guarantee Department are available to United Kingdom exporters for trade with any overseas country, provided that the business is judged to be sound and the security available to be adequate. It will be realised, however, that the arrangement of credit guarantees is a complicated matter and the same procedure may not always be applicable in different cases.

Mr. Price

Will the right hon. Gentleman see to it that extra facilities are afforded to those countries in South-Eastern Europe which would really benefit from any exchange of trade between them and this country to the mutual advantage of both?

Mr. Hudson

I said in the course of the recent Debate, that the question of those other countries was under consideration at the present time.