HC Deb 10 February 1959 vol 599 c178W
Mr. Hector Hughes

asked the Chancellor of the Exchequer if he is aware that the delay in signing the Anglo-Egyptian financial agreement, and especially those provisions relating to the implementation of industrial credit between British and Egyptian firms, is preventing the completion of contracts between the British and Egyptian nations, and the export of goods from Great Britain to Egypt, and is thereby increasing unemployment in Great Britain and depriving Great Britain of much-needed foreign currency; and what steps he is taking to rectify the economic effects due to this delay.

Mr. Amory

I am aware that the conclusion of the Anglo-Egyptian Financial Agreement would facilitate trade between the two countries, and I shall be glad if the difficulties at present holding up the signature can be quickly overcome.