HC Deb 09 February 1954 vol 523 cc99-100W
62. Mr. Grimond

asked the President of the Board of Trade to make a statement on orders recently placed by the Union of Soviet Socialist Republics with industrialists in this country; what are the amounts involved; and how far the Government have assisted with credits.

Mr. Amory

We are not necessarily informed when manufacturers receive export orders. But there has undoubtedly been an increase in Russian orders recently and we shall be interested to learn what emerges from the present visit of a number of industrialists to Moscow.

Orders outstanding on 31st December last for which the Export Credits Guarantee Department had issued cover were valued at £1.3 million.