§ Mr. Russell Johnstonasked the Chancellor of the Exchequer whether he is yet in a position to assess the loss of foreign currency since 25th March, caused by events in East Pakistan.
§ Mr. HigginsNo estimate is available.
§ Mr. Russell Johnstonasked the Secretary of State for Trade and Industry what extra assistance has been requested from and granted by the Export Credit Guarantees Board in respect of British companies affected by the situation in East Pakistan.
§ Mr. NobleNo application has been made to the Export Credits Guarantee Department for any general extension of facilities in respect of business with Pakistan. As was announced on 13th May, no cover is currently available for this market.
§ Mr. Russell Johnstonasked the Secretary of State for Trade and Industry what impact present events in East Pakistan have had on the jute industry; what assessment he has made of the situation since 25th March; and if he will make a statement.
§ Mr. NobleRecent events in East Pakistan have so far had little effect on the United Kingdom jute industry. I understand that stocks of raw jute in Dundee are mostly adequate for present production for some months. In one or two cases, a shortage of particular grades has meant some short-time working, but I hope that shipments on the high seas and those now being made from East Pakistan will relieve the situation.