Export Credits Guarantee Department (Losses on Rhodesian Trade)

HC Deb 16 December 1965 vol 722 c330W

Mr. Dell

asked the President of the Board of Trade what action will be taken by the Government to indemnify the Export Credits Guarantee Department against losses on Rhodesian trade following from the illegal declaration of independence.

Mr. Jay

None. For those insured with it, E.C.G.D. covers such losses in the ordinary course of business.