HC Deb 27 April 1948 vol 450 cc35-6W
77. Sir Arthur Salter

asked the President of the Board of Trade whether he will consider blocking such Czechoslovak assets and balances as remain in the United Kingdom, until he is satisfied that the reciprocal conditions of the Money and Property Agreement of 1st November, 1945, have been fulfilled, and questions of compensation in respect of British industries and other property nationalised in Czechoslovakia have been satisfactorily settled.

Mr. Belcher

The question of compensation to British owners of property nationalised in Czechoslovakia is outside the limited terms of the Agreement of 1st November, 1945, with that country. Negotiations in respect of compensation remain open and the circumstances do not justify a suspension of the undertakings entered into in the Agreement.