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Export Credit Insurance Premiums

Volume 885: debated on Monday 3 February 1975

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asked the Secretary of State for Trade whether he will review the practice of not disclosing to overseas buyers the amount of insurance premium payable to Export Credits Guarantee Department in view of the resulting uncertainty over the actual contract price being quoted by British exporters.

No. I do not think it would be in our export interest to do this. ECGD insurance premium forms part of the contract price and I am not aware that this gives rise to any uncertainties.