CONTRACT DENOUNCED
OIL FROM THE CAUCASUS. (A.P.A. and “Sun” Gables.) (Received This Day, 8.50 a.m.) PARIS, January 8. The Tribunal of Commerce ordered the attachment of £159,000 deposited in various hanks by the Soviet Commercial Mission. The order was made at the instance of the Banca Arnus. of Barcelona, with which the Soviet contracted for a monopoly of the export of oil from the Caucasus to Spain. The Soviet denounced the contract and despite the stipulation for compulsory arbitration in the event of disagreement, consigned the oil <j£jier Spanish firms.
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Bibliographic details
Ashburton Guardian, Volume 48, Issue 75, 9 January 1928, Page 5
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90CONTRACT DENOUNCED Ashburton Guardian, Volume 48, Issue 75, 9 January 1928, Page 5
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