§ Sir G. Sinclairasked the Chancellor of the Exchequer what progress he has made towards establishing an overseas investment guarantee scheme to cover political risks in developing countries.
§ Mr. Harold LeverHer Majesty's Government have taken no initiative in devising such a scheme, but are participating in discussions on draft Articles of Agreement for an International Investment Insurance Agency, proceeding under the auspices of the International Bank for Reconstruction and Development.