§ Lord KILLEARNasked Her Majesty's Government:
What are the details of the recent sale of British warships to Egypt, vis:
and whether some or all of the transfers or credits involved will be set off against the blocked accounts of British subjects still held frozen in Egypt.
- (i) name, category, tonnage, armament and speed of each warship;
- (ii) date of first commissioning;
- (iii) price;
- (iv) terms of payment;
§ Lord GORONWY-ROBERTSIt is not our practice to give details of defence sales contracts. British non-resident blocked bank accounts in Egypt are at present being dealt with under the terms of the UK/Egypt 1973 Exchange of Notes (Cmnd. 5290).