§ Mr. Buchananasked the President of the Board of Trade whether he will make a statement about arrangements for financing the activities of the British National Export Council from the beginning of the next financial year.
§ Mr. CroslandFrom 1st April, 1968, the Board of Trade will provide from their Vote the funds required to finance the whole of the normal expenditure of the British National Export Council. The Council itself will raise funds from industry and commerce to finance new projects outside its normal activities. This change has been made in recognition of the contribution made to B.N.E.C. by a very large number of senior businessmen in giving so much of their time to its activties and in undertaking work on its behalf when they are travelling abroad on behalf of their own companies. The arrangements between the Board of Trade and B.N.E.C. for control of expenditure will continue as heretofore.