§ Mr. Hardyasked the Chancellor of the Exchequer whether he has any statement to make on the conclusion of an agreement concerning trade and payments between this country and Spain.
§ Sir S. CrippsAn agreement between His Majesty's Government and Spain was signed on 23rd June and came into force on that day. It abrogates the Supplementary Monetary Agreement of 26th June, 1947, and provides for the establishment of a technical Anglo-Spanish Consultative Committee to supervise the course of trade and payments between the two countries. The text of the agreement will be presented to Parliament in due course.