§ 18. Mr. Chichester-Clarkasked the President of the Board of Trade if he will make a statement about the negotiations for a new trade agreement with Australia.
§ Sir D. EcclesI am glad to state that the new Agreement based on the Heads of Agreement announced last November was signed in Canberra today. Copies are available in the Vote Office.
§ Mr. Chichester-ClarkIn thanking my right hon. Friend for that reply, may I ask whether he is satisfied that British exports will continue to receive worthwhile margins of preference in Australia?
§ Sir D. EcclesYes, Sir. The British preference will be from 7½ per cent. to 10 per cent. over a very wide range of goods.