HC Deb 11 December 1934 vol 296 c216W
Mr. LIDDALL

asked the President of the Board of Trade whether he can furnish a statement showing the present balance of payments between this country and Russia under the provisions of the latest Trade Agreement?

Lieut.-Colonel COLVILLE

The Trade Agreement with the Soviet Union provides that the balance of payments between the two countries shall be in certain ratios in respect of calendar years as a whole, and until the statements specified in the Agreement have been received from the Russian Government after the expiration of each year, it is not possible to calculate the actual ratio in respect of that year.