§ Mr. Lomasasked the Minister of Agriculture, Fisheries and Food what is the policy of the Government on the possibility of an international tea agreement, on whether tea stocks should be jointly financed by producers and consumers, and on the need for export quotas.
§ Mr. BishopThe Government fully support the efforts at present being made to negotiate an international agreement on tea. In their view, such an agreement will need to contain provision for export quotas. The present analyses and discussions, which are being carried out under UNCTAD auspices, will cover both stocking arrangements and export quotas. Decisions on the necessary financial arrangements must await agreement on the general structure of the proposed agreement.