§ Mr. Woodburnasked the Secretary of State for Foreign Affairs whether any agreements have been entered into by Britain and the U.S.A. on the problems of oil, rubber and other products.
§ Mr. George HallI assume that my hon. Friend is referring to agreements involving matters of long-term policy. The only agreements of this nature which are specifically concerned with particular commodities are multilateral ones. That is to say, the Wheat Agreement of 1942 and the International Sugar Agreement of 1937, which was brought into force between certain of its signatories by a Protocol of 1942. So far as rubber and oil are concerned, conversations regarding these commodities are in progress; in the case of rubber they are exploratory.