HC Deb 19 April 1948 vol 449 c115W
Sir A. Salter

asked the President of the Board of Trade what sums have so far been transferred to Czechoslovakia under the provisions of the Money and Property Agreement of 1st November, 1945; and whether any compensation has so far been paid by the Czechoslovak Government for British industries and other property nationalised in Czechoslovakia.

Mr. H. Wilson

The answer to the first part of the Question is that up to 31st March, 1948, the sums transferred to the Czechoslovak Government under Article 5 (a) of the Anglo-Czechoslovak Money and Property Agreement of 1st November, 1945, amounted to some £9,100,000. In addition, certain bank balances, securities and other property to the estimated value of £2 million have been released from Board of Trade or Custodian control. The reply to the second part of the Question is "No," but I understand that the Czechoslovak Government may shortly be submitting proposals for a settlement of this long outstanding question.