Export Credits (Russia).

Oral Answers to Questions — Trade and Commerce. – in the House of Commons on 14th May 1931.

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Photo of Mr Carlyon Bellairs Mr Carlyon Bellairs , Maidstone

85.

asked the Secretary to the Overseas Trade Department when, if the export credits were withdrawn from Russia at this moment, the liabilities of the country would fall below £100,000 or some approximate amount?

Photo of Sir George Gillett Sir George Gillett , Finsbury

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.