§ 72. Lieut.-Commander Joynson-Hicks
asked 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. Anderson
A 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. Shinwell
May 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?