HC Deb 24 November 1953 vol 521 c196
54. Mr. Keenan

asked the Chancellor of the Exchequer the debt owing to Great Britain by the Soviet Government at the end of 1939, 1945, 1950 and 1952. respectively.

The Economic Secretary to the Treasury (Mr. R. Maudling)

Including substantial private claims, approximately £1,100 million, on all four dates. Most of this indebtedness arose before 1917 and is not recognised by the Soviet Government.

Mr. Keenan

Does the existence of this debt interfere with or prevent trading arrangements with the Soviet Government?

Mr. Maudling

I do not think that the existence of this debt in any way impedes trading relations with the Soviet Government.