§ Mr. Skeetasked the Chancellor of the Exchequer how he allocated the $400 million granted by Iran to Great Britain under the first tranche of the $1,200 million Iranian credit; and how he proposes to allocate the further tranche of a similar amount.
§ Mr. DellThe first $400 million drawing under the $1.2 billion line of credit from the Government of Iran was made by the National Water Council in November 1974. It will shortly be starting negotiations on the drawing of the second tranche.