HC Deb 19 December 1955 vol 547 c1657
53. Mr. J. Hynd

asked the Secretary of State for Foreign Affairs to what extent the German Federal Republic is fulfilling her agreement concerning the repayment to the United Kingdom of the amounts in respect of unrequited imports after the war; in what form the repayments are being made; and what was the total amount of the original debt, the amount cleared to date, and the total now outstanding.

Mr. Turton

The German Federal Republic is fulfilling this agreement satisfactorily. Payments are being made in sterling. The original debt was £150 million, of which £.22½ million has already been paid.

Mr. Hynd

Are the payments made precisely in accordance with the agreement?

Mr. Turton

The agreement laid down that the payments should be made by 20 yearly instalments, each of £7½ million. Three instalments have been paid.