4. Major Roberts
asked the Chancellor of the Duchy of Lancaster whether, in view of the drain on British economy, he will make certain that no more assets of any kind, whether reparations or otherwise, go from the British zone into the Soviet zone or Soviet-controlled countries, without the prior delivery of an equivalent value of wheat or edible corn being supplied in exchange.
§ Mr. J. Hynd
Our existing obligations under the Potsdam Agreement provide that 25 per cent. of the total reparation? from western Germany shall be delivered to Russia and Poland. Of these three-fifths is delivered in exchange for other goods. The nature of these reciprocal deliveries is to be a matter for agreement. With regard to commercial exports from the British zone, arrangements have already been made to secure an adequate return; and this policy will be pursued by the joint Export/Import Agency covering the British and American zones under the new fusion agreement, so that no drain on British economy is involved.