HC Deb 30 June 1964 vol 697 cc180-1W
27 and 28. Mr. Matthews

asked the Chancellor of the Exchequer (1) whether Her Majesty's Government will give investment guarantees to private British investors in developing countries as recommended by the recent United Nations Conference on Trade and Development;

(2) whether Her Majesty's Government will propose the establishment of a multilateral guarantee system for investment insurance in developing countries to the International Bank for Reconstruction and Development and the Development Assistance Committee of the Organisation for Economic Co-operation and Development.

Mr. Boyd-Carpenter

Her Majesty's Government are already taking part in the current O.E.C.D. study of multilateral investment guarantees. We need to see what emerges from that before we can decide what further action is required.