TRADE TREATY.

Auckland Star, Volume LVII, Issue 305, 24 December 1926, Page 7

TRADE TREATY.

CANADA AND SLOVAKIA. RECIPROCITY IN TARIFFS. OTTAWA, December 22. A commercial trade treaty between Canada and Czecho-Slovakia has been negotiated and approved by the Federal Cabinet. A statement issued by the Department of Finance points out that it is the first commercial agreement concluded since Canada obtained her new treaty-making powers, which were granted by the recent Imperial Conference. Canada obtains the lowest rates of duty given to any country by Czechoslovakia. The duty concerns a list of 71 commodities, which comprise all the important Canadian exports to Czechoslovakia. In return Canada grants Czecho-Slovakian goods the benefits of the Canadian intermediate tariff. Canadian products to benefit include flour, wheat, apples, fish, butter, honey, cheese, canned fruits and vegetables. The latest return of the external trade of Canada showed that the value of imports for consumption was 790,932,537 dollars and the exports of Canadian produce, 1,069,067,353 dollars. Czecho-Slo-vakia supplies Canada with imports for consumption valued at 952,143 dollars and Canada .«ent to Czecho-Slovakia 123,121 dollars' worth of produce.