It is a most valuable airport, both to you and to us. In our
relationships with our territories there are mutual benefits to
be derived which are not normally set out in any balance sheet.
Control of Traffic Rights
The exchange of traffic rights is of course a matter covered
by international air services agreements and the latter are
negotiated by us in the exorcise of our responsibility for
external affairs. We consult you about all such negotiations
affecting your interests and take as much account of your interests
as we can.
The benefits Britain derives from the exchange of these rights
should, I consider, be looked at against the benefits you derive
from your connection with us.