HC Deb 10 July 1956 vol 556 c12W
43. Mr. Mulley

asked the President of the Board of Trade if he will make a statement on his recent talks with the Australian Minister of Trade; and what estimate he has made of the effect which recent Australian import cuts will have on the Sheffield tool, cutlery and silverware industries.

Mr. Low

No. These discussions are still in progress and I am not able to make any statement about them at present. As regards the second part of the Question, it is estimated that the recent cuts in Australian quotas for hand tools and engineers cutting tools, cutlery and silverware might result in a reduction of about £1 million per annum in our exports of these goods to that country.