HC Deb 26 July 1939 vol 350 cc1479-80W
Mr. Barnes

asked the Secretary to the Overseas Trade Department whether he will submit a statement showing the amounts, form, and under which Acts, financial guarantees or assistance has been given to investments or trade transactions to British and overseas traders during the years 1931–32 and 1938–39?

Mr. R. S. Hudson

I assume that the hon. Member refers to the guarantees given by the Export Credits Guarantee Department under the powers conferred by the Overseas Trade Acts, 1920–34, the Export Guarantees Act, 1937, and Section I of the Export Guarantees Act,1939.

During the year ended 31st March, 1932, the Department assumed liability up to a maximum of £7,571,646 in respect of contracts, policies and guarantees amounting to £11,942,979.

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