§ 9. Sir G. Nabarro
asked the President of the Board of Trade what new steps he will take to increase exports, visible and invisible, and re-exports; and if he will make a statement.
§ 4. Mr. Maclennan
asked the President of the Board of Trade what proposals he has for the promotion of exports.
14. Mr. Barrett
asked the President of the Board of Trade what specific new export incentives he is proposing; and if he will make a statement.
§ Sir G. Nabarro
Does my right hon. Friend recognise that the balance of payments is now running into squally weather, aggravated by the dock strike?
§ Sir G. Nabarro
It is nothing to do with the Tory Government. Would my right hon. Friend particularly examine the possibility of restoring export incentives—that is, the restitution to exporters of the element of indirect taxation contained in manufactured goods exported from this country, which was scrapped so prematurely by the Labour Government?
§ Mr. Noble
I entirely accept my hon. Friend's view of the extreme importance of our balance of trade figures now, in the past, and perhaps for many months to come. Therefore. I shall examine with my right hon. Friends any useful suggestion to make certain that we do not miss any opportunity of improving our position.
§ Mr. Barnett
What advice has the right hon. Gentleman given the banks about whether they or the Government should continue the low 5½ per cent. interest rate to exporters? Is he aware that many small exporters are finding it extremely difficult to obtain this form of export incentive?
§ Mr. Anthony Grant
None, but my right hon. Friend has today received a copy of a paper addressed to the Ministry of Technology by the motor industry on its current problems.
§ Mr. Eadie
The hon. Gentleman must be aware that disquiet is being voiced by the motor car industry, particularly when one has regard to the promises made by right hon. and hon. Gentlemen opposite when they were in opposition. May we take it that there has been a change of mind by the Government on this issue?
§ Mr. Grant
I am not aware to what change of mind the hon. Gentleman is referring because I am not certain what he has in mind. All I can tell him is that my right hon. Friend will study the paper that he has received in consultation with the Minister of Technology. My Department and the Ministry of Technology are in regular contact with the motor industry on export matters.
§ 45. Mr. Arthur Lewis
asked the President of the Board of Trade whether he will make an official world tour in support of Great Britain's export drive; and what proposals he has for assisting in the growth of British exports.
§ Mr. James Hamilton
Will the right hon. Gentleman give an assurance that when he goes to these other countries he will do as he did on a previous occasion and wear his kilt?