§ Mr. Tugendhatasked the Secretary of State for Trade and Industry whether he is satisfied with the organisation of the Export Credits Guarantee Department in the light of its expanding commitments; and if he will make a statement.
§ Mr. NobleI am broadly satisfied that E.C.G.D. is able to give an effective and efficient service to British exporters. The existing structure of the Department is based on a review of its work in 1958. In view of its expanding commitments since then and its new functions such as investment guarantees, a new review of its organisation seems appropriate. I have therefore asked Mr. David Scholey, a member of the Export Guarantees Advisory Council, to undertake the review. He will be assisted by a team of management specialists. In view of its nature, the review will take some months to complete.