§ 9. Lieut.-Colonel Bromley-Davenportasked the President of the Board of Trade if he can yet make a statement on negotiations with India, Pakistan and Hong Kong in respect of a voluntary three-year ceiling on imports.
§ Sir D. EcclesSince the debate on 30th June, the Cotton Board has announced that the Indian, Pakistan and United Kingdom cotton industries have reached an understanding upon ceiling levels for imports into the United Kingdom. This understanding is conditional upon the conclusion of satisfactory arrangements with the industry in Hong Kong. I understand that the Cotton Board has the question of an early approach to the Hong Kong industry under consideration.
§ Lieut.-Colonel Bromley-DavenportIs my right hon. Friend aware that it is not only the considerable weight of duty-free imports from India, Pakistan and Hong Kong which is causing so much anxiety, but the continued uncertainty about the level they may reach, which is leading to the closing of so many mills? Will my right hon. Friend therefore do all he can to reach an agreement favourable to this country as soon as possible?
§ Sir D. EcclesYes, we will.
§ Mr. JayAs there is so much anxiety about this, can the President of the Board of Trade at least say how soon these talks with Hong Kong will start?
§ Sir D. EcclesThat depends upon the arrangements which the Cotton Board is now making.