§ 16. Sir J. Langford-Holt
asked the President of the Board of Trade why he refuses to allow the import of oil from Rumania.
§ Sir J. Langford-Holt
Is the Minister saying, therefore, that we do not trade with countries that have expropriated British assets without compensation? Is not it in the interests of our trading position that discussions should now be initiated with Rumania to see whether an arrangement cannot be made after all these years?
§ Mr. Brooks
As the Government are exporting, for example, the B.A.C. 111 to Rumania, and no doubt wish to expand their trade with Rumania, is it not completely illogical to exclude from 477 trade one of the obvious commodities the Rumanians can sell to get hard currency?