71. Air Commodore Harvey
asked the President of the Board of Trade if he will now consider taking steps to encourage trading motor cars with Brazil in exchange for bananas.
§ Mr. P. Thorneycroft
No. Her Majesty's Government do not consider that such barter deals are the way to solve the problems of Anglo-Brazilian trade. I would add that the new Brazilian Free Exchange Law, as I understand it, forbids the Bank of Brazil to issue import or export licences in connection with such barter deals.