§ 42. Mr. Wallaceasked the President of the Board of Trade what proposals he has for setting up export targets for individual industries; and if he will assist the formation of Trade Export Councils on the lines suggested by the Eastern Regional Board for Industry in March, 1961.
§ Mr. RedheadThere is no proposal at present to set export targets although the export potential of different industries will be taken into account in the economic development plan. My right hon. Friend would welcome the creation of more export groups but the initiative must largely come from the industries concerned.