§ Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what is his latest estimate of the foreign exchange cost of British troops in Germany during the current financial year.
§ Mr. Diamond£89 million.
§ Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what is the latest estimate of the foreign exchange cost of British forces in Germany over the two-year period to 31st March, 1966; what was the total value of contracts placed against the advance payment by the 37W Federal German Government of £42 million in June, 1965, up to the end of March, 1966; and what was the value of British exports financed by the sum of £45 million set aside in the Anglo-German Agreement of 29th June, 1965, for the financing of additional British exports, to the end of March, 1966.
§ Mr. MacDermotThe reply to the first part of the Question is £170 million.
The reply to the second part is that withdrawals of £24.4 million have been made from the advance payments account in respect of exports chargeable to the account, and known to have been made in the period ending 31st March, 1966; there will be further withdrawals when full details of payments in the period are known.
The reply to the third part of the Question is that transactions have now been approved in principle which will in due course result in the whole of the deposit account referred to in Article 5 of the Protocol of 20th July, 1965, being used up.