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Unrequited Exports

Volume 486: debated on Tuesday 3 April 1951

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57.

asked the Chancellor of the Exchequer what has been the total of unrequited exports since 1945; and to what countries principally have they gone.

I am not sure what definition the hon. Member has in mind for "unrequited exports." If it is the excess of current exports over current imports, the answer is certainly negative. If he has some other definition in mind, I suggest that he draws his own conclusion from the Balance of Payments White Paper, which will be published on Thursday.

Without having had a preview of the White Paper, may I ask the Chancellor how much of the war-time accumulated sterling debts we have still to pay off by way of unrequited exports?