§ 29. Mr. G. Straussasked the President of the Board of Trade whether the tonnage of wheat to be purchased under the Anglo-Rumanian Agreement, and the loan to be made under the Exports Credit Act, are maximum or minimum figures?
§ Mr. StanleyI would refer the hon. Member to the text of the Protocol regarding Commercial and Economic Relations with Rumania which has now been issued as a Command Paper.
§ Mr. StraussI have read the Protocol, and the figures are up to a certain maximum. Does that mean that if an application is made by the Rumanian Government for an increase of those figures such application would be considered?
§ Mr. StanleyIt means what it says. It means that the agreement provides for credit up to a maximum of £5,000,000 in regard to one species of credit, although it would be possible under another section to give a guarantee to the trade organisation to be set up.