§ 118. Sir P. Hannonasked the President of the Board of Trade to state as at the latest convenient date the result of the trading, import and export, consequent upon the operation of the Anglo-Soviet trade agreement.
§ Mr. BottomleyUp to 31st August imports of coarse grains under the Anglo-Russian trade agreement amounted to 525,627 tons, with a c.i.f. value of £16,735,207. Most of the goods which the United Kingdom will be supplying to the Soviet Union under the agreement are capital goods which take some time to manufacture and the supply of which will not be reflected in the trade returns for some time. Exports of light rails to Russia under the Agreement now total approximately 12,500 tons. In addition, Russia has been able to buy from the United Kingdom and the rest of the sterling area considerable quantities of wool and rubber, cocoa and coffee beans.