§ 8. Mr. Hepworthasked the President of the Board of Trade whether it is proposed to review the trade position between this country and Russia?
Mr. StanleyThe whole question of commercial relations between this country and the Soviet Union is receiving careful consideration.
§ Mr. PetherickIs my right hon. Friend aware that, under the existing Russian Trade Agreement, the imports and exports relation, so far as payments due in 1937 are concerned, is 1: 1.2; and, in view of the answer that he gave yesterday with regard to the trade balance, is he not aware that the trade balance is extremely unsatisfactory?
§ Mr. BoothbyIs my right hon. Friend aware that this year the Russians have only bought 16,000 barrels of herring, as against 1,000,000 before the War; and what is he going to do about that?