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Volume 245: debated on Monday 24 November 1930

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asked the Secretary to the Overseas Trade Department what contracts to the value of not less than £5,000 have been made between British firms and the Russian Government or trade organisations during the last 12 months; what is the nature of these contracts; and how many of them have been conducted under the terms of the Export Credits Guarantee Scheme through which payment by means of bills of exchange is an agreed method of settlement?

I have no information regarding the number or nature of contracts between British firms and Government or trade organisations of the Union of Socialist Soviet Republics, except in the case of those transacted under the Export Credits Guarantee Scheme. The number of such contracts with a value of not less than £5,000 conduded during the last 12 months is 78.