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Exports (Cost Escalation Contracts)

Volume 886: debated on Thursday 13 February 1975

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asked the Secretary of State for Trade whether he will take action to assist British exporters to compete against cost escalation contracts offered by international competitors; and what recommendations were made by NEDC on 5th February on this matter.

As I have already told the House, this matter is under urgent consideration, and my right hon. Friend will be making a statement about it in due course. The NEDC will be discussing the question again in the light of that statement.