§ Mr. G. Elfed Davies
asked the Minister of Power what study he has made, in consultation with the National Coal Board, of the prospects of increasing exports of coal to Europe, created by the devaluation of the £ sterling.
§ Mr. Freeson
The National Coal Board hopes, within the next three years or so, to increase exports by perhaps 2 million tons to 3 million tons, to reach an annual rate of 4 million to 5 million tons. The immediate scope is however limited by coal import restrictions in several countries, and by contracts outstanding between overseas buyers and other producers.