HC Deb 24 July 1967 vol 751 cc29-30W
92. Sir W. Teeling

asked the Secretary of State for Foreign Affairs what amounts in cash were to be paid to the Union of Soviet Socialist Republics in the Agreement made last February concerning the Baltic claim; what the United Kingdom claimants were to get in return; whether the amounts agreed to be paid to the Union of Soviet Socialist Republics have yet been paid; and whether anything has been paid to the United Kingdom.

Mr. William Rodgers

In terms of the settlement of post-1939 financial and property claims and counter-claims recorded in the joint statement issued by my right hon. Friend the Prime Minister and Mr. Kosygin on 13th February, Her Majesty's Government agreed to pay £500,000 to the Soviet Government in the form of consumer goods. The Soviet Government did not undertake to make any payment to United Kingdom claimants who will benefit from the distribution of assets already held in this country. No payment has yet been made to the Soviet Government in terms of the settlement.

93. Sir W. Teeling

asked the Secretary of State for Foreign Affairs when his Department last had discussions with the London Stock Exchange on the subject of the Baltic bonds and debts; and whether the problems of the Stock Exchange have been put before the Union of Soviet Socialist Republics representatives in these discussions.

Mr. William Rodgers

Contact with the Stock Exchange Council has, as is normal, been maintained through the Bank of England. The views of all interested parties have been kept in mind by those concerned in the negotiations with the Soviet authorities on the formulation of the agreement on post-1939 Anglo-Soviet claims.

Sir W. Teeling

asked the Secretary of State for Foreign Affairs what are the points still outstanding in the agreement about the Baltic debts.

Mr. William Rodgers

Exchanges with the Soviet authorities about the formulation of the agreement on post-1939 financial and property claims and counterclaims are continuing and the details must be for the present confidential.

Sir W. Teeling

asked the Secretary of State for Foreign Affairs whether a representative of Her Majesty's Government has yet gone to Moscow to clear up the points left unsettled after Mr. Kosygin's visit last February to this country concerning the Baltic debts.

Mr. William Rodgers

Discussions about the formulation of the agreement on post-1939 Anglo-Soviet financial and property claims and counter-claims took place with Soviet officials in London in April and May. My right hon. Friend also discussed the question when he visited Moscow in May and exchanges are continuing.