HC Deb 17 February 1931 vol 248 c1091W
Captain P. MACDONALD

asked the Secretary to the Overseas Trade Department whether war materials despatched from Great Britain to Soviet Russia are paid for in cash; and, if not, is the machinery of the exports credits system used to assist this traffic?

Mr. W. R. SMITH

No information is available regarding terms of payment. The answer to the second part of the question is in the negative, for munitions of war are excluded by Statute from the scope of the Export Credits Guarantee Scheme.