§ 48. Mr. Shinwell
asked the President of the Board of Trade what is the average time taken in reaching a decision on applications within the export guarantee provisions.
§ Mr. Erroll
In view of the wide range of propositions put to E.C.G.D., no average time can be calculated. Most of the applications are for credit limits on terms up to 6 months, of which the Department receives over 3,000 a week. 75 per cent. of these are answered within 72 hours.