HC Deb 30 March 1926 vol 193 c1865W
Mr. RILEY

asked the President of the Board of Trade if he is aware that the German Government has recently agreed to guarantee the credit to the extent of 60 per cent. of the total amount of approved schemes for the supply of German manufactured goods to Russia and that, as a result, £15,000,000 worth of orders have recently been placed by Russia with German manufacturers in -connection with this credit scheme; and, in view of this development, is he prepared to consider if some similar scheme can be made available to British manufacturers for trade with Russia?

Sir P. CUNLIFFE-LISTER

I understand that the terms of the credit referred to by the hon. Member have not yet been finally settled, and I have no information in regard to the alleged placing of £15,000,000 of orders. As regards the last part of the question, I would refer the hon. Member to my speech during the Committee stage of the Debate on the Trade Facilities Bill on 10th March, to which I have nothing to add.

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