§ 83. Mrs. Castle
asked the Under secretary of State for Commonwealth Relations what representations he has received from the Prime Minister of Ghana on the question of a price insurance scheme for cocoa.
§ Mr. Alport
It is not the practice to disclose particulars of communications from other Commonwealth Governments. But on 5th March in the course of a General Policy Review in Parliament in Accra, Dr. Nkrumah mentioned in the context of Ghana's need for money for development a possible scheme whereby Ghana would, in his own words, be "insured against any prolonged depression in the price of cocoa and other dollar-producing commodities."
Her Majesty's Government in the United Kingdom are willing to consider with the Government of Ghana her problems of development, as soon as the present general review, which will include the rôle of the United Kingdom in the development of newly independent territories, is concluded.