HC Deb 17 May 1990 vol 172 c488W
Q29. Mr. Dalyell

To ask the Prime Minister what action Her Majesty's Government are taking on the recommendations of Professor Paul Hare, of Heriot-Watt university, in relation to encouraging British financial institutions to counteract Hungarian over-dependence on financial institutions in Dusseldorf and Frankfurt, by British participation in the Hungarian economy and by linguistic, scientific and marketing practice assistance; and if she will make a statement.

The Prime Minister

British financial institutions' involvement in the development of the Hungarian economy is a matter for their commercial judgment. The Government's know-how fund is available for projects in Hungary including linguistic and marketing training. The Export Credits Guarantee Department is now considering applications for investment insurance in eastern Europe.

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