§ 42. Mr. M. MacMillanasked the President of the Board of Trade whether he will take steps to establish long-term trade agreements with other nations, with a view to securing guaranteed markets for the British herring industry?
Mr. StanleyTrade Agreements under which specific concessions have been secured for United Kingdom herring exports have already been concluded with eight foreign countries, and the herring industry participates in the benefits of other trade and payments agreements. In 1936 these agreements covered over 87 per cent. of the total United Kingdom exports of herrings to all foreign countries. In any future negotiations the interests of the herring industry will continue to be borne in mind.