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Thursday, 28 August 1958

Mr Cope e asked the acting Minister for Trade, upon notice -

1.   What was the value of goods exported to: - (a) Communist China; (b) Communist Poland; and (c) Communist Yugoslavia during the year 1957-58?

2.   Is it the intention of the Government to endeavour to increase trade with these countries?

Mr Townley - The answers to the honorable member's questions are as follows: -

1.   In 1957-58, Australia's exports to these countries were as follows: - (a) Communist China, £9,800,000; (b) Poland, £14,300,000; (c) Yugoslavia, £3,400,000.

2.   The Government is actively engaged in promoting Australia's export trade generally. Mo worthwhile market is being ignored. Trade with Communist countries in non-strategic goods is subject to the same Government Regulations on exchange controls, import licensing, export inspection, etc., as trade with other foreign countries. We have a favorable balance of trade with most Communist countries. Our exports to them consisting mainly of wool and wooltops, were valued at £37,000,000 in 1957-58.

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