§ 50. Mr. Turtonasked the President of the Board of Trade whether, in view of the fact that the present United Kingdom-Australian Trade Agreement is terminable 1711 on six months' notice, he will open negotiations with the Australian Government with the aim of securing a more lasting agreement.
§ Mr. JayIt has been agreed hitherto not to re-negotiate this Agreement until the Kennedy Round has been completed.
§ Mr. TurtonIn view of the value of the Anglo-New Zealand agreement, will the right hon. Gentleman make it quite clear to Australia that he would open negotiations for a longer-term agreement if Australia so desired?
§ Mr. JayI fully agree with the hon. Gentleman that the New Zealand Agreement is of value both to us and to New Zealand. We have not so far had a request from the Australian Government for a similar agreement, but if we do we will, of course, consider it.