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Europe And Asia (Oil Concessions)

Volume 155: debated on Tuesday 13 June 1922

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asked the Prime Minister whether Great Britain is in any way pledged to take action in regard to oil concessions in Europe and Asia only after consultation with France and Italy; whether the United States of America have refused to be bound by any similar tics and conditions; and whether, seeing that if Great Britain, anxious to make loans to various countries, is prevented from obtaining adequate and proved securities, British interests, especially the sale of manufactured articles, will be taken by the United States, he proposes to take any steps to deal with this situation.

The answer to the first part of the question is in the negative; the rest of the question does not therefore arise.