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Volume 893: debated on Monday 16 June 1975

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asked the Secretary of State for Trade what growth in exports he now expects in the current financial year.

The outlook for exports depends both on the course of world trade, which is at present depressed, and on our ability to maintain competitiveness in export prices. I am not prepared to venture an estimate for the rest of the current financial year, but I hope that exporters will be ready to seize the opportunities that will come when world trade revives.