HC Deb 07 February 1940 vol 357 cc227-8W
Sir N. Stewart Sandeman

asked the President of the Board of Trade in view of the fact that a trade agreement has been reached between France and Spain, and, in view of the close co-operation between the British and French Governments on commercial matters, why a similar agreement has not yet been arrived at between this country and Spain?

Mr. R. S. Hudson

The agreement between France and Spain is an agreement of restricted character, providing chiefly for the exchange of certain goods up to a limited quantity and value during 1940. The negotiations for an agreement between Spain and the United Kingdom are comprehensive in scope, including, as they do, far-reaching proposals for the resumption of trade and the liquidation of outstanding debts. The closest contact has been maintained throughout with the French Government. I cannot say when the negotiations will be concluded, but I hope to be able to make an announcement shortly.

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