The other countries present, including the developing countries, accept that we attach great importance to the conference. The Secretary-General accepts it, as he said when we discussed the matter at No. 10.
It has been customary for the Minister responsible for trade to go. I went to the UNCTAD conference in 1964 when I was President of the Board of Trade. We have adhered to the usual arrangements. The Minister of State for Foreign and Commonwealth Affairs is going to Santiago this week. I cannot accept the hon. Gentleman's criticisms of the Government's performance at Santiago, where my right hon. Friend the Minister for Trade put forward proposals of very great importance indeed.
May I assure my right hon. Friend, having visited Chile recently, that if he were to visit that country he would meet a very warm welcome in view of the strong desire for close contact with this country? Will my right hon. Friend in particular confirm that following the debt settlement talks in Paris, agreement was reached over the question of ECGD credit?