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Pakistan And India (Negotiations)

Volume 446: debated on Tuesday 27 January 1948

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asked the Chancellor of the Exchequer what progress has been made in the negotiations with the Governments of Pakistan and India regarding the financial arrangements between these two countries and Great Britain.

These negotiations are still in progress and I have at present no statement to make about them.

Will the Chancellor of the Exchequer bear in mind the importance of bringing these negotiations to an early conclusion, as this country's trade with both the Dominions is rapidly decreasing?

I am perfecly aware of the necessity of getting an early conclusion, but two sides have to agree in the negotiations.