HC Deb 31 May 1938 vol 336 cc1807-8
22. Mr. Burke

asked the President of the Board of Trade when he expects to be able to give a report on the trade agreement with the United States of America?

Mr. Stanley

As I explained in the Debate on the Board of Trade Vote on 24th May, any discussion on trade matters between two such important commercial countries as the United Kingdom and the United States must raise complicated and difficult problems and the negotiations must necessarily be long. I am unable at present to give any indication when the negotiations are likely to be concluded.

Mr. Shinwell

Can the right hon. Gentleman indicate the principle on which these negotiations are based? Does he expect the United States to purchase more goods from the United Kingdom?

Mr. Stanley

That is clearly one of the objects.

Mr. Mander

Will the report be available before the Summer Adjournment?

Mr. Stanley

There is no agreement at the present moment.

Mr. G. Strauss

In view of the long time that has already elapsed, can the right hon. Gentleman give an assurance that there is no serious friction?

Mr. Stanley

Yes, Sir.