Oral Answers to Questions — Trade and Commerce. – in the House of Commons at on 14 May 1931.
asked the Secretary to the Overseas Trade Department when, if the export credits were withdrawn from Russia at this moment, the liabilities of the country would fall below £100,000 or some approximate amount?
I regret that it is impossible to give this information, as the guarantees given by the Export Credits Guarantee Department become operative only when the goods are exported.