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Soft Loans

Volume 84: debated on Monday 21 October 1985

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asked the Secretary of State for Trade and Industry what progress has been made by Her Majesty's Government in considering and introducing soft loans as an incentive to British exports since his statement in the House on 18 July.

We are considering ways in which the aid and trade provision might be used to support long-term low-interest loans, similar to those which many of our competitors offer to developing countries. We hope to reach our decisions soon.