HC Deb 20 January 1975 vol 884 c209W
29. Mr. Willey

asked the Secretary of State for Industry what progress has been made about ensuring international agreement about Government aid for shipbuilding.

Mr. Meacher

Following an agreement made in 1972 measures have been taken to reduce Government aid to shipbuilding in most OECD countries. A reduction in the level of Government-supported credit for exports of ships was agreed in July 1974. Discussions are continuing with the aim of reaching agreement on further reductions in aid.

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