§ Mr. Warbey
asked the President of the Board of Trade in what form Vietnam is meeting the deficit in its trade with the United Kingdom incurred in 1956 and in the first two months of 1957.
§ Sir D. Eccles
Most of the United Kingdom's trade referred to is with South Vietnam which is included in the French franc area. Any deficit would be settled through the French account with the European Payments Union, or by selling other currencies.