§ 20. Mr. LIDDALLasked the President of the Board of Trade whether he is 231 aware that the trade balance between Great Britain and the Argentine Republic has not altered materially in the past two years, being over £28,000,000 in favour of the Argentine; and whether, when he is negotiating a new trade agreement, he will take steps to bring about a state of affairs more in accordance with a real balance of payments between, this country and the Argentine?
§ Mr. RUNCIMANYes, Sir. As regards the second part of the question, however, I would refer my hon. Friend to the provisions of Article 2 of the Anglo-Argentine Trade Agreement of May, 1933.