§ Mr. Banks
asked the Secretary of State for Trade if he will publish the current amount of credit on favourable terms remaining available to the Government of the USSR for purchases from the United Kingdom and the amounts taken up, since the terms were offered, with the details of the purchases made thereunder.
§ Mr. Dell
The value of contracts placed under the Anglo-Soviet agreement to date is £440.6 million, leaving a balance of £509.4 million still available.
Since the beginning of 1977, orders have been signed between United Kingdom companies and USSR trading organisations for the supply of cigarette-making machines valued £7.8 million, gas compressor pumps and station equipment valued £87.4 million, a high density polyethylene plant valued £46.2 million, two methanol plants together valued £174 million and equipment for two tyre factories valued £23.8 million and £54.1 million. The balance is represented by eight separate contracts for various types of capital equipment, ranging in value from £2 million to £13 million.