§ Sir W. Smithersasked the President of the Board of Trade if he will make a statement giving the latest developments in regard to Anglo-Russian and Anglo-Argentine trade.
§ Mr. BottomleyAs regards trade with Russia under the current Agreement, I162W would refer the hon. Member to the answer given on 22nd September to the hon. Member for Moseley (Sir P. Hannon). The discussions about future trade between the two countries are continuing but it is too soon to make any statement. There have been no major developments in trade between the United Kingdom and the Argentine since the conclusion of the Anglo-Argentine Agreement on Trade and Payments in February. The discussions on certain points of detail arising from that Agreement have taken longer than was expected, but these have now been largely concluded. The value of our exports to this important market is showing a satisfactory increase.