HC Deb 12 December 1977 vol 941 c29W
Mr. Grylls

asked the Secretary of State for Trade if he will state what mortgage facilities are being offered to ECGD by the joint venture company formed by British Shipbuilders and PZM in Poland.

Mr. Meacher

It is normal practice, for reasons of commercial confidence, not to comment on the details of individual transactions in which ECGD is involved. ECGD is satisfied that the strength of the security available to it in this case is fully in conformity with its usual underwriting standards.