HC Deb 31 July 1956 vol 557 c1127
13. Mr. G. M. Thomson

asked the President of the Board of Trade what increase in the volume of trade between the United Kingdom and Hungary it is estimated will take place as a result of the conclusion of the present trade agreement.

Mr. P. Thorneycroft

Under the trade agreement recently concluded with Hungary, provision has been made for the issue of import licences for about £3 million worth of Hungarian goods over the next twelve months and for Hungarian purchases of about £4½ million worth of United Kingdom goods in the same period. Some other Hungarian products may also be imported into the United Kingdom under open general licence arrangements.

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