§ Mr. Eldon Griffiths
asked the Secretary of State for Trade and Industry if British coal is generally exported on an FOB or CIF basis.
§ Mr. Channon
The basis on which the value of exports of coal and other goods is declared to Her Majesty's Customs and Excise and published in theOverseas Trade Statistics is FOB. I Understand also that orders for coal exports are normally negotiated by the National Coal Board on an FOB basis.