Mr. Louis Maguire:

Deputy Eric Byrne mentioned the African countries in the Arab world. For instance, the Maghreb - Tunisia, Morocco and Algeria - is in north Africa, but these are Arab countries. The Deputy is correct in one way, but the people of these countries prefer to be called Arabs.

As regards banking, from our point of view there is no problem in getting paid, if that is what the Deputy is worried about. For exporters, the banking system is first class. As a matter of fact, in parts of the Arab world the banking system was set up by a group which had offices on the north side on the city, the name of which I forget. It did very well and made a fortune in providing a banking system in the Middle East where I used meet its representatives at the time.

Are there other points the Deputy wishes to cover?