§ 49. Mr. Ronald Atkinsasked the Chancellor of the Exchequer to what extent purchases in this financial year from West Germany have offset the foreign exchange costs to Great Britain of the British armed forces in Germany.
§ Mr. Roy JenkinsThe current Anglo-German Agreement sets a target of DM550 million for 1967–68, or about64W 60 per cent. of our expected military foreign exchange costs, to which must be added the United States payments which formed part of the tripartite agreement. German payments in the first six months amounted to about one-third of the target, but the rate of payment in particular parts of the year is not very significant and I am confident that the agreement will be satisfactorily completed.