§ Mr. Marlowasked the Secretary of State for Trade what form of compensation is anticipated from Australia and Canada with respect to their unfair trading in footwear; when it will be resolved; and how it will be distributed.
§ Mr. ParkinsonAustralia and Canada have imposed quotas on imports of footwear under the emergency safeguard procedures of the GATT. The Commission of the European Communities is engaged in consultation with the two countries concerned. The actual form of any compensation will be a matter for negotiations between the Commission on behalf of the European Communities and the Australian or Canadian Governments. Such compensation often takes the form of certain tariff reductions in the country imposing the quota. I hope that the discussions can be completed speedily.