§ Mr. J. Rodgers
In the first 9 months of 1960, the value of United Kingdom imports of manufactures including those destined for further processing, was 44 per cent. more than in the first 9 months of 1959. The increase in imports of other goods was nearly 7 per cent.
§ Mr. Rodgers
The main factors leading to an increase in imports this year are, first, the increasing demand for consumer goods and capital goods and, secondly, a rapid rise in stocks. As to the general policy of liberalisation, we believe it is in the best interests of the country to maintain a policy of removing arbitrary barriers to trade.