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Soviet Union

Volume 87: debated on Wednesday 27 November 1985

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35.

asked the Secretary of State for Trade and Industry if he will make a statement on trading prospects with the Soviet Union.

42.

asked the Secretary of State for Trade and Industry if he will make a statement on trading prospects with the Soviet Union.

During his visit to London in December 1984 Mr. Gorbachev spoke of a potential for an increase in trade turnover between the United Kingdom and the USSR of 40–50 per cent. in the next few years. I agree that the opportunities for United Kingdom firms to win increased business in the USSR are unusually good. I urge more companies to consider this market which, while difficult to enter initially, can be very rewarding. Her Majesty's Government will provide all possible support consistent with our international obligations.