§ Mr. Riley
asked the President of the Board of Trade whether he can make any statement regarding the present trade relations between Great Britain and Bulgaria; whether any trade agreement970W exists between the two countries; whether mutual trade is increasing; and what are the commodities which Bulgaria now exports to this country?
§ Mr. R. S. Hudson
An exchange of notes between the United Kingdom and Bulgaria dated 8th November, 1939, provides that the sterling at the disposal of Bulgarian exporters from their sales in the United Kingdom shall be utilised for purchases from this country. Quotas are also provided for United Kingdom cotton yarns. Trade between the two countries has, I fear, inevitably declined considerably since the outbreak of war, but the possibility of increasing the exchange of Bulgarian agricultural produce against United Kingdom goods is engaging the attention of both Governments.