HC Deb 09 December 1980 vol 995 cc295-6W
Mr. Arthur Davidson

asked the Secretary of State for Trade why he is refusing export credit guarantees on textile machinery to (a) Zambia and (b) Tanzania.

Mr. Parkinson

At the present time ECGD cover is not available for exports on credit terms to either of these markets in view of the very long delays in the transfer of foreign exchange payments. This policy applies generally and not only to exports of textile machinery.

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