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Export Credit Guarantees

Volume 893: debated on Thursday 12 June 1975

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asked the Secretary of State for Trade whether he will bring forward proposals for export credit guarantee cover to be permissible against the risk of exports being held up by strikes at United Kingdom ports.

No. In its credit insurance activities ECGD does not provide cover against risks of this nature which occur within the United Kingdom with the exception of cancellation of a United Kingdom export licence; this is included in certain of the Department's guarantees because the issue of licences is within Government control.