It is stated that not only have the existing preferential arrangements between the two countries been examined, but Empire problems, have in a spirit of mutual sympathy and goodwill, been considered in their widest aspects, with a view to ensure ing maximum ce-operation between the two Governments in their solution, The United Kingdom and Australian Ministers express strong attachment to the principle of preferential trade within the Empire, but they realize that it is not only inevitable, but desirable, that both countries should enter trade agreements with foreign countries, To this end, both Ministers have undertaken to ce-operate, in a very practical w: h a view to assisting each other in arriving at trade agreements with foreign countries.
Text read from the printed page and cleaned; old type leaves the occasional error.