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Export Credits Guarantee Department (Losses On Rhodesian Trade)

Volume 722: debated on Thursday 16 December 1965

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asked the President of the Board of Trade what action will be taken by the Government to indemnify the Export Credits Guarantee Department against losses on Rhodesian trade following from the illegal declaration of independence.

None. For those insured with it, E.C.G.D. covers such losses in the ordinary course of business.