§ 10. Mr. Michael Morrisasked the Secretary of State for Trade if action is being taken to limit export credits following the Rambouillet Summit.
§ Mr. ShoreNegotiations to achieve greater control over international credit competition were given fresh impetus by the decision of Heads of Government at Rambouillet that efforts should be intensified to bring them to a prompt conclusion. Discussions are continuing and I 15 hope that they will soon be successfully concluded.
§ Mr. MorrisIs it true that, following that meeting, American pressure has been brought upon the Six, which has resulted in an assurance from the Six that all export credits will be withdrawn over a period?
§ Mr. ShoreI have not heard of any proposal for the withdrawal of export credits, which I think are almost universally regarded as a valuable feature of export trade.