Export Credits Guarantee Department

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 6 December 1989.

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Photo of Ms Joyce Quin Ms Joyce Quin , Gateshead East 12:00, 6 December 1989

While I understand that the Secretary of State has still to make a final decision on the matter, will he give a clear statement to the House that he does not accept the ludicrous suggestion put forward by his hon. Friends in the Treasury that the projects division of ECGD be closed down? Will he further undertake to listen carefully to industry and those who work in ECGD before making a final decision? Does he agree that, with a £20 billion trade deficit, our export efforts need to be increased, not reduced?