HC Deb 16 February 1948 vol 447 c812
19. Mr. Foster

asked the Secretary of State for Foreign Affairs whether he will put an end to the disadvantageous position whereby the liquid assets of British companies in the British zone in Germany are blocked, whereas German firms are free to invest such funds.

Mr. McNeil

His Majesty's Government have this question at present under active consideration.

Mr. Foster

Does the Minister realise that here again this is a matter of injustice to members of British firms?

Mr. McNeil

The hon. Gentleman will appreciate that there was a quadripartite undertaking on this subject, and so long as there was a possibility of quadripartite agreement on economic matters His Majesty's Government were unwilling to desert the undertaking which they had made.

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