Mr. Amory:

My right hon. Friend and I have now met a number of the businessmen who have recently visited Moscow. I understand that they have signed contracts worth about £16 million and are pursuing other important inquiries. Of the contracts signed, approval has already been given for the export of trawlers valued at approximately £6 million.

Some of the other contracts include items which would appear to be on the strategic control lists and need further consideration; but on the basis of information already available, I would judge that at least half of these contracts will be permissible.