HC Deb 05 May 1930 vol 238 cc625-6
65. Mr. ALBERY

asked the Secretary to the Overseas Trade Department if he can give any comparative figures concerning American and English trade with the Soviet of Russia during the last six months.


During the six months ended February last, the values of the imports into the United Kingdom and the United States consigned from the Soviet Union (Russia) were approximately £14,884,000 and £2,148,000, respectively, and the values of the exports (including re-exports) to the Soviet Union (Russia) from the United Kingdom and the United States were approximately £3,983,000 and £13,680,000, respectively. This is the latest period for which figures for the United States are available.


Do not these figures conclusively show that there was no need for any special trade agreement, in view of the fact that United States im- ports are less and their exports are greater than those of this country without a trade agreement?


I am afraid that I do not follow the argument of the hon. Gentleman.

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