HC Deb 10 February 1953 vol 511 c21W
Sir R. Glyn

asked the President of the Board of Trade what representations have been made to his Department in regard to the failure of Brazil to repay outstanding debts and to allow the profits made by British companies in Brazil to be transferred to the United Kingdom for distribution to British shareholders; and whether it will be clearly stated as the policy of Her Majesty's Government that until such action is taken there will not be exported such British productions as Comet aircraft and other goods of which Brazil is in need.

Mr. P. Thorneycroft

I have received many representations about current difficulties in trade with Brazil including more particularly the delays in the settlement of commercial debts. As to the second part of the Question, I have already explained to the House that Her Majesty's Government have the question of trade with Brazil under close examination; but, as has been indicated in replies to previous Questions, I should prefer not to make any statement at the present stage on particular aspects of this problem.