§ 19. Sir Percy Hurdasked the Secretary of State for Foreign Affairs how the reciprocal trading arrangements made between the U.S.A. and other countries fit into the pattern of international relations as contemplated at Dumbarton Oaks and San Francisco; and if he can give particulars of such arrangements.
§ Mr. LawThe functions of the Economic and Social Council, which will form part of the proposed International Organisation, are at present under discussion at San Francisco.
§ Sir P. HurdMay I ask the right hon. Gentleman if these reciprocity arrangements into which the United States have entered are not exclusive, but that any other countries will have the right to enter into agreements?
§ Mr. LawI rather fancy that the particular arrangements which my hon. Friend has in mind are bilateral trading agreements, but the position is, I think, that the United States is willing to enter into such agreements with any other country that will enter into them.