§ 72. Lieut.-Commander Joynson-Hicksasked the Chancellor of the Exchequer whether he has any statement to make about the conclusion of a payments agreement between this country and Sweden.
§ Sir J. AndersonA Monetary Agreement between His Majesty's Government and the Swedish Government was signed on 6th March. It provides a satisfactory mechanism of payments between the sterling area and Sweden and will thus facilitate trade. The text of the Agreement is being presented to Parliament and copies will be available in the Vote Office after Questions.
§ Mr. ShinwellMay I ask the Chancellor of the Exchequer whether it is quite clear that this bilateral currency and trade agreement does not conflict with the Bretton Woods proposals?
§ Sir J. AndersonI am glad to give my hon. Friend the fullest assurance on that.