§ Mr. Huckfieldasked the Chancellor of the Exchequer whether he will consider some relaxation of the exchange control regulations to enable British firms wishing to increase their non-sterling area exports to set up subsidiaries which would facilitate this increase.
§ Mr. CallaghanThese matters are kept under review. While present policy already encourages export-promoting projects, I am aware that there are some projects which will merit special consideration when some relaxation of exchange control is in prospect.