In ihe House of Commons today, Mr. Frederick John Bellenger, Labour member for the Bassetlaw division of Notts, asked about the sterling value of proposals submitted by British traders in the past six months in connection with exports to China.
He also inquired about the proportions approved of these proposals, and the total value of guarantees given by the Exports Credits Guarantee Department during that period.
Mr, R. S, Hudson, Secretary for Overseas Trade, replied that the total of contracts, policies and gui antees issued in the six months to June 30 amounted to £30,365,207. It was not the practice, he added, to state amounts in respect of any particular country.
Mr. Bellenger asked, in-a supplementary question, whether the amount guaranteed by the Department Xor i Overseas Trade was less than £200,000 and, if this was so; whether it was due to lack of initiative on the part of British traders or to the fault of the. Department.
"Mr. Hudson declined to give further details, as it was the practice of the Department, he said, to regard as confidential all information relating to individual transactions.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.