§ Mr. Pavittasked the President of the Board of Trade (1) what estimate he has made of the loss of trade to Pakistan in each of the next five years, on the basis that the current tariff preferences enjoyed by Pakistan are phased out over a period of seven years, in accordance with the provisional agreement reached with the European Economic Community in 1962;
(2) what estimate he has made of the loss of trade to India in each of the next five years, on the basis that the current tariff preferences enjoyed by India are phased out over a period of seven years, in accordance with the provisional agreement reached with the European Economic Community in 1962.
§ Mrs. Gwyneth DunwoodyNo estimate has been made since too many unknown factors, in addition to the ending of the preferences, would be involved and the result could have little meaning. However, on the basis of 1962 trade figures, 27 per cent. of all United Kingdom imports from Pakistan enjoy preference, compared with a little over half from India. On the basis of 1964 trade figures, about two-thirds of our imports from Pakistan, and about half of our imports from India, would be duty free under the Common External Tariff.