Tuesday, 25 March 1969
Dáil Eireann Debate
Mr. Colley: We are doing two things in this. Firstly, the House recently passed the Exports Promotion Bill and the provisions of section 2 of this Bill are tied in with that, and that is to enable the services available to exporters of goods to be made available also to architects and engineers who are operating within this country, but are carrying out works abroad. I  explained to the House previously the reason for this. Within the purpose of this Bill the objective is to enable political risks insurance to be given to cover that kind of export of services which at present is available for the export of goods. Without this section political risks insurance could not be given in respect of those kinds of services; it could only be given in respect of goods.
Mr. Colley: No, not specifically. It is related to all our export activities. The Deputy will appreciate that although what I am speaking about is related solely to the export of the services of architects and engineers it may occur in any part of the world. The figure of £10 million which we want to insert here is necessary because of the commitments already entered into over the years in respect of political risks. There is a growing demand for political risks insurance, so it is necessary to raise this figure. This covers all exports of goods and in future, if this Bill is passed, it will cover the export of this particular kind of service.
Mr. Dillon: I am not criticising the Bill for being a bit obscure but if a building contractor secures a contract in France, Kuwait or any other foreign administration and hires an architect, a quantity surveyor and an engineer and pays them a suitable fee and as a result of political upheaval the project is abortive and the payment of these technicians proves to be nugatory is the purpose of this Bill to enable the contractor to get insurance from the Minister's Department to recoup the expenditure on the architect, quantity surveyor and other technocrats whom he may have employed in contemplation of the completion of his contract of construction or other work?
Mr. Colley: The purpose is to make available to the people qualifying  under the Export Promotions Act, which the House passed recently—that is the architects and engineers coming within the category so defined — the same provisions in relation to political risks as are at present applicable to the exports of goods. That is the broad general proposition. There are qualifications to it in that political risks insurance is not given in respect of certain places—these change from time to time—nor is it given to the extent of 100 per cent of the amount being covered. However, I do not think it is necessary that I should go into the details of the political risks scheme except to say that what is being done here is to put the provision of those services, which are now being regarded as exports if they come within the specifications in the Bill, in the same position as exports of goods for the purpose of political risks insurance.
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