§ Mr. Wallasked the Minister of Overseas Development what loans, grants or credits have been made to the Government of the United Arab Republic since October 1961; and what loans, grants or credits are now under discussion.
§ Mr. BottomleyGovernment loans and credits totalling £4,290,000 have been made to the United Arab Republic since October, 1961. There have been no grants of financial aid.
No Government loans, grants or credits are currently under discussion. A U.A.R. economic delegation which is at present in London for talks with the Export Credits Guarantee Department is discussing the settlement of Egyptian commercial debts insured with that Department.