§ Mr. Blakerasked the Secretary of State for Trade how much of the line of credit of £950 million made available to finance exports to the Union of Soviet Socialist Republics as announced by Her Majesty's Government in February 1974 has been taken up.
§ Mr. ShoreThe Anglo-Soviet Agreement was signed in February 1975. Since then the total value of contracts placed under the agreement to date is approximately £25 million. Business amounting to £24 million is in an advanced stage of negotiation and further substantial contracts are under discussion between United Kingdom exporters and Russian buyers.