HC Deb 06 April 1965 vol 710 c64W
Mr. Dell

asked the President of the Board of Trade what were the credit terms guaranteed by the Export Credits Guarantee Department in connection with the offer of a British consortium to supply a dimethyl terepthalate and polyester plant to Bulgaria; whether he is aware that the contract was lost to Germany due to their better credit terms; and if he will make a statement.

Mr. Redhead

The terms and conditions of E.C.G.D. offers of cover are confidential between the British exporter and the Department. I have no reason to believe that the contract was lost because foreign competitors offered better credit terms than are available to British exporters to this market.