§ 32. Sir M. MANNINGHAM-BULLERasked the President of the Board of Trade what increases have taken place in the volume of exports of British goods to Denmark since the completion of the Anglo-Danish Trade Agreement?
§ Lieut.-Colonel COLVILLEThe Trade Agreement with Denmark came into operation as from 20th June, 1933. During the nine months ended 31st March, 1934, the declared value of the exports of the produce and manufactures of the United Kingdom consigned to 906 Denmark (including the Farö Islands) amounted to £9,220,000, as compared with £7,981,000 during the nine months ended 31st March, 1933.
§ Mr. PIKEHow does that figure of increase compare with the increase of imports from Denmark to this country?
§ Lieut.-Colonel COLVILLEMy hon. Friend is mistaken. There has not been an increase in that direction.
§ Lieut.-Colonel HENEAGEIs it not the fact that the adverse trade balance is still in the neighbourhood of £20,000,000?
§ Lieut.-Colonel COLVILLEYes, Sir, but it is narrowing.