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Poland (British Property)

Volume 463: debated on Monday 11 April 1949

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asked the Secretary of State for Foreign Affairs if the Polish Government has yet agreed to pay compensation for nationalised British property in Poland.

Yes, Sir. The Polish Government agreed in principle to pay compensation for nationalised British property in Poland in the agreed minute of 31st October, 1947, which was published as a White Paper, but no arrangements could be made for transfers at that time. The Anglo-Polish Trade and Finance Agreement of 14th January, 1949, provides for the payment of certain funds for the satisfaction of British claims for compensation. A Polish delegation recently spent a month in London discussing compensation with representatives of the owners of British nationalised property, and they have undertaken to return in June to continue the negotiations.

Will the hon. Gentleman watch these negotiations carefully to see that we receive fair compensation?