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Export Promotion

Volume 894: debated on Monday 23 June 1975

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asked the Secretary of State for Trade if he will study the possibility of setting up a public export agency to promote markets not developed by private firms.

The idea of a public export agency or selling corporation is looked at from time to time. I am doubtful, however, that such a body could make a significant contribution in promoting exports, nor is it likely to attract the support of companies with worthwhile export potential given the services provided by export merchants, buying houses, the British Overseas Trade Board, banks, and the like.