§ 35. Mr. Parker
asked the Secretary to the Overseas Trade Department whether the Export Credits Department has guaranteed any credits for the export of goods to Italy during the past year; and, if so, for what value?
§ 36. Mr. G. Strauss
asked the Secretary to the Overseas Trade Department how much money has been guaranteed to firms under the exports credits scheme in respect of goods exported to Italy during each of the three last years?
§ Mr. R. S. Hudson
Guarantees have been given by the Export Credits Guarantee Department in the ordinary course of its business in the last three years in connection with the export of United Kingdom goods to Italy, but it is not the practice to state the amount of the Department's commitments in respect of any particular country.
§ Colonel Wedgwood
Have the exports credits to Italy been remunerative, or has there been a loss to the Exchequer?
§ Mr. G. Strauss
Why is information being withheld from this House when guarantees are given, and should not the House be able to find out how much money is being lent to various countries under Government guarantee?
§ Mr. Hudson
The hon. Member will remember that the matter was discussed when the Bill was passing through the House last year, and that it was decided that the reasons given for witholding 1520 the information were adequate and satisfactory.