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Egypt (British Property)

Volume 656: debated on Monday 26 March 1962

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6.

asked the Lord Privy Seal whether he has now received information from the Egyptian Government as to their intentions with regard to the seizure of the property of over 30 British citizens; and if he will make a statement.

I can add nothing yet to the reply my right hon. Friend gave my hon. Friend on 29th January.

Is it not outrageous that after nearly six months these people do not know whether their property is sequestrated or frozen and whether they are to get compensation? Is he not aware that there is a growing feeling that the way in which the Ango-Egyptian Financial Agreement is being implemented is far from satisfactory?

I certainly agree that we would like to have received a substantive reply from the U.A.R. Government sooner. We are continuing our efforts to get one, and we have left them in no doubt of the seriousness with which we view these matters.