§ 12. Mr. Swingler
asked the President of the Board of Trade if he will make a statement on the recent trade agreement with Bulgaria.
§ Mr. P. Thorneycroft
This agreement was signed on 22nd September and will run until the end of 1957. It provides for the issue over the next twelve months of import licences to the value of about £1½ million of Bulgarian goods not already covered by open licensing arrangements and for Bulgarian purchases of about £2½ million of our goods including machinery, textile cloth and yarns, fish, and copper sulphate.