HC Deb 13 December 1960 vol 632 c184
3. Mr. Fitch

asked the President of the Board of Trade what imports of Russian fuel oil have been authorised since February 1958; and how much cement has been exported to the Union of Soviet Socialist Republics during the same period.

Mr. Erroll

In the period from February 1958 to October 1960, 201,733 tons of fuel oil have been imported under licence from the Soviet Union; 3,021 tons of cement were exported to the Soviet Union in the same period.

Mr. Fitch

Is the right hon. Gentleman aware that Russian fuel oil is being imported to this country at a price which is at least £2 a ton lower than the market price? Would not he agree that the cement company involved has pulled a fast one over the Government by exporting a token export of cement in return for fuel oil at dumping prices?

Mr. Erroll

No. The Portland Cement Company received its licence in February, 1958, and it was quite openly entered into. But other licences have not been issued since then.