§ 11. Mr. HAMMERSLEYasked the President of the Board of Trade if he is aware that, as the result of trade conversations between the French and Swedish Governments, it has been agreed that the compensating exchange tax of 15 per cent. on Swedish imports into France shall be abolished; and what progress has been made through our trade conversations with the French towards a similar result?
§ Mr. RUNCIMANThe answer to the first part of the question is in the affirmative. As regards the second part representations have been made to the French Government in regard to the 15 per cent. tax and other forms of discrimination against this country, but a satisfactory settlement has not yet been reached.
§ Mr. HAMMERSLEYAs, this matter has been under consideration for some long time, could my right hon. Friend now indicate that he is hopeful of a real and satisfactory solution within a reasonable period of time?
§ Mr. RUNCIMANI would not like to make any prophecy, but only three days ago we were discussing the matter in detail with representatives of the French Government.