§ 42. Mr. Warbeyasked the President of the Board of Trade what proportion of the total exports of British-made bicycles were taken by the United States market in each of the years 1960 to 1964 inclusive.
§ Mr. RedheadThe proportions are as follows:
1960 16 per cent. 1961 31 per cent. 1962 40 per cent. 1963 45 per cent. 1964 35 per cent.
§ 43. Mr. Warbeyasked the President of the Board of Trade what action he is taking, in the course of the international discussions regarding tariff reductions, to secure the abolition of the United States protective tariff against British-made bicycles.
§ Mr. RedheadThe basis for negotiation in the Kennedy Round is that the main participating countries offer, subject to reciprocity, to halve their industrial tariffs across the board with a minimum of exceptions. On this basis our negotiators will do all they can to reach the widest possible settlement for the benefit of our exports.