§ 3. Mr. Holtasked the President of the Board of Trade what raw material imports from European countries are still restricted by quota.
§ Mr. P. ThorneycroftPulp and paper making materials and leather.
§ Mr. HoltIn view of the fact that most European countries have now liberalised to 100 per cent. on raw materials, and even France has done so to 96 per cent., is it not entirely deplorable that this country has liberalised only to just over 80 per cent.?
§ Mr. ThorneycroftI do not think it is deplorable. I think our record in liberalisation in Europe has been a good one. These quota restrictions have been imposed for balance of payments reasons, and are, of course, reviewed from time to time.