Oral Answers to Questions — Trade and Commerce. – in the House of Commons at on 25 November 1931.
asked the President of the Board of Trade the period of notice which must be given to denounce any of the commercial treaties which already exist between Great Britain and 36 other countries; and whether it is contemplated to take an early opportunity of denouncing any of them, and, if so, which, in view of further fiscal proposals by Great Britain in the coming year?
I am circulating in the OFFICIAL REPORT a table giving particulars with regard to termination in the case of each of the treaties and other similar arrangements which provide for the mutual accord of most-favoured-nation treatment in regard to Customs duties. These treaties number 42 in all. The period of notice which is necessary is not the same in every case. As regards the second part of the question, the international obligations of this country in the matter of trade and commerce represent one aspect of the question of the trade balance which is under review by the Government.
Can my hon. and gallant Friend say whether any treaties have yet been denounced?
No treaty has yet been denounced. The matter is under review.
Country and when Terminable.
Country and when Terminable.