HC Deb 13 June 1961 vol 642 c26W
51. Sir C. Osborne

asked the Prime Minister if he is aware that the United States Government are proposing that 80 per cent. of United States overseas loans shall be tied to buying United States goods; since these financial limitations will have a damaging effect upon British exports to the same markets and constitute unfair competition, if he will take up the matter with President Kennedy; and if he will make a statement.

The Prime Minister

The United States Government are aware of our concern. I can only hope that these conditions regarding the American Aid Programme will be temporary.

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