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Saudi Arabia (Sales)

Volume 728: debated on Friday 20 May 1966

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asked the Secretary of State for Defence at what figure the United States Government propose to set the value to Great Britain of the Saudi Arabian deal for the purposes of assessing progress towards the target of $40 million to be offset by way of co-operative sales to third countries.

This is a matter for discussion with the United States Government in the light of sales as they are made and will be considered during the periodic reviews of progress. We estimate that the figure should be about $275 million.