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AGAINST YUGOSLAVIA

COMINFORM SATELLITES’ TRADE WAR LONDON, January 3. Cominform satellites will soon follow. the Soviet policy of drastically reduced trade with Yugoslavia, says the Vienna correspondent of the “Daily Telegraph.” They will avoid open declarations of economic war, but will use a “creeping blockade” policy. Both sides will adopt these tactics because neither has completed the search for alternative markets and both depend on the other’s transport facilities.

A barter agreement between the Soviet Union and Yugoslavia, concluded in Moscow, reduces the volume of goods to be exchanged during 1949 to an eighth of the 194 S volume, stated an earlier message.

A Tass announcement stated: “owing to the unfriendly policy of the Yugoslav Government toward the Soviet Union, which has made largescale economic co-operation impossible, the new agreement for 1949 provides an eightfold reduction in the volume of goods to be exchanged compared with 1945.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19490110.2.59

Bibliographic details

Ashburton Guardian, Volume 69, Issue 76, 10 January 1949, Page 6

Word Count
147

AGAINST YUGOSLAVIA Ashburton Guardian, Volume 69, Issue 76, 10 January 1949, Page 6

AGAINST YUGOSLAVIA Ashburton Guardian, Volume 69, Issue 76, 10 January 1949, Page 6

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