§ 62. Mr. Errollasked the Chancellor of the Exchequer whether exports to Angola constitute exports to a hard currency country for the purposes of his regulations.
§ Mr. JayThere are no regulations for the purposes of which a definition of hard currency markets is required. We are anxious to expand our exports to Angola as well as to all other parts of the Portuguese monetary area.
§ Mr. ErrollIs this so that increased importations of diamonds and other precious stones can take place from Angola?
§ Mr. JayGenerally speaking, the Portuguese monetary area is a desirable market, because we are importing a considerable amount of essential commodities from that area.