Trade Agreements and Negotiations.

Oral Answers to Questions — Trade and Commerce. – in the House of Commons on 9th May 1933.

Alert me about debates like this

Photo of Major Abraham Lyons Major Abraham Lyons , Leicester East

13.

asked the President of the Board of Trade whether, in the terms of any new trading agreement, he will reserve to this country the right to alter any concession in the event of a foreign contracting country depreciating its currency during the operation of the agreement?

Photo of Mr Walter Runciman Mr Walter Runciman , St Ives

I cannot now anticipate what provision it may be necessary to include in any future trade agreements entered into by His Majesty's Government, but I have noted my hon. Friend's suggestion.

Photo of Sir William Anstruther-Gray Sir William Anstruther-Gray , Lanarkshire Northern

23.

asked the President of the Board of Trade how many trade treaties containing most-favoured-nation clauses that could not be denounced within six months are now in existence, and with what countries?

Photo of Mr Walter Runciman Mr Walter Runciman , St Ives

I will circulate a list in the OFFICIAL REPORT.

Following is the list:

COUNTRIES with which commercial treaties are in force containing provisions for the mutual accord of most-favoured-nation treatment, and which could not be denounced within six months.

Country and when Terminable.

  • Argentina—No time fixed.
  • Austria—11th February, 1935, or thereafter. on 12 months' notice.
  • Bolivia—After 12 months' notice.
  • Brazil—11th September, 1934, or thereafter, on six months' notice.
  • China—No time fixed.
  • Colombia—After twelve months' notice.
  • Czechoslovakia—After 12 months' notice.
  • Denmark—No time fixed.
  • Egypt-16th February, 1934.
  • Estonia—After one year's notice.
  • Germany—After one year's notice.
  • Greece—After one year's notice.
  • Guatemala—After one year's notice.
  • Hungary—26th July, 1937, or thereafter, on one year's notice.
  • Iceland—No time fixed.
  • Italy—After one year's notice.
  • Japan—On 12 months' notice.
  • Latvia—After 12 months' notice.
  • Netherlands—After 12 months' notice.
  • Nicaragua—After one year's notice.
  • Norway—After 12 months' notice.
  • Panama—8th April, 1939, or thereafter, on one year's notice.
  • 1346
  • Persia—Provisionally in force. When ratified it will be possible to terminate this Treaty on 10th May, 1936, or thereafter, after six months' notice.
  • Portugal—After one year's notice.
  • Rumania—12th May, 1934, or thereafter, after six months' notice.
  • Siam—30th March, 1936, or thereafter, after 12 months' notice.
  • Sweden—After 12 months' notice.
  • Switzerland—After 12 months' notice.
  • Turkey—3rd September, 1935, or there-after, on 12 months' notice.
  • U.S.A.—After 12 months' notice.
  • Venezuela—No time fixed.
  • Yugoslavia—After one year's notice.