Mr. Osboneasked the Minister of Food if he will give details of the financial arrangements under which beef is being imported from the United States of America.
Mr. AmorySmall quantities of manufacturing beef are being imported from the United States of America by private traders under Section 550 of the U.S. Mutual Security Act, 1953. In order to make it possible for this meat to be procured at world prices, the U.S. Government are paying certain subsidies, the sterling equivalent of which will accrue to my Department and be disbursed to the importers. Provision for the receipt and payment of these monies has been made by Supplementary Estimate.