HC Deb 28 May 1963 vol 678 c1110
27. Mr. J. H. Osborn

asked the Parliamentary Secretary for Science what were the nature and value of the products exported by the Atomic Energy Authority last year.

Mr. Denzil Freeth

During the last financial year, the Authority exported fuel elements and uranium worth£4¾ million, and isotopes worth£4¾ million, making £5½ million in all.

Mr. Osborn

Has my hon. Friend any information whether this figure, and the range of products, is likely to increase?

Mr. Freeth

I have every hope that it will increase, and I have been most impressed by the effort that the Authority is putting into its salesmanship.

Mr. Snow

What information is at the disposal of our commercial counsellors on the availaible exportable potential?

Mr. Freeth

If the hon. Gentleman is referring to commercial counsellors in embassies abroad—

Mr. Snow

Yes.

Mr. Freeth

—to the best of my knowledge and belief, they have full information, but if the hon. Gentleman has come across a case where he feels that information is deficient, I should be most grateful to him if he would let me know.

Sir H. Legge-Bourke

Is my hon. Friend the Parliamentary Secretary satisfied that the price we are obtaining for the uranium we are exporting compares satisfactorily with the price we have been paying for uranium from Canada?

Mr. Freeth

I think we have to remember that if we are to export fuel elements, we must in our costs reflect the current world price of uranium, irrespective of any price we may happen to have paid.