§ Mr. Swingler
asked the President of the Board of Trade whether he will make a statement on the future of trade relations with Rumania and the results of the recent negotiations.
§ Sir S. Cripps
Substantial agreement on the terms of the Payments Agreement to be concluded between the United Kingdom and Rumania was reached a week or so ago and it is hoped that signature92W will take place in Bucharest within the next few days. As my hon. Friend was informed on 3rd June, the future of trade relations with Rumania depends on the amount of sterling which she can earn by making available at world prices goods of interest to us, such as timber.