§ Mr. DalyellTo ask the President of the Board of Trade what consideration he has given to the credit offered by competitors of the United Kingdom in deciding the level of Export Credits Guarantee Department cover in Argentina.
§ Mr. NeedhamThe recent restoration of cover for Argentina was decided on the basis of an assessment of the risks involved. Although account was taken of the position of export credit agencies (ECAs) in other countries, it is not Government policy to seek to match other ECAs when determining cover arrangements and premium charges.