HC Deb 11 July 1960 vol 626 c82W
Mr. Wall

asked the Minister of State for Commonwealth Relations if he has any further information about the discussions on financial assistance to Pakistan.

Mr. Alport

The United Kingdom Government have offered an immediate loan to the Government of Pakistan of £5 million to be made under Section III of the Export Guarantees Act. The intention is that this loan will be used to pay for imports from the United Kingdom to be agreed between the two Governments. Our offer is intended to assist the Pakistan Government to make an early start on industrial development projects incorporated in their Second Five Year Plan.

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