FOR THREE YEARS.

Auckland Star, Volume LXVIII, Issue 49, 27 February 1937, Page 9

FOR THREE YEARS.

OTTAWA AGREEMENT. Britain and Canada Renew Trade Pact. SUBSTANTIAL CONCESSIONS. L'uiifJ l'ri'Bs .\»>"i-l.itinn. f,,j,_, ru'lit. [ OTTAWA, Kfliniiii \ _'H. The 111 tun, •! jiy I'ct'iiicnl lifluccn t')lli;i<|ji iiinl Uill/im lots Im-i-ii renewed l"l' 111 !••■!■ \ .Hi... It lowers lII.' Kill l-ll | Ht'lt'llMLl ~H I iltitH's. nil I,'id llflll-, lllHllllv !o _'i 111 ,"> |..T I-Clll llii \ It Icilflll Hllll -..1 if (i. ,") to 2H JUT .fill M.l \H In lV 111. l'lii' ledui't iiui> i'i.M'l' a wide uinj.'c "f British j_'o.ids. in. \m.,.11i-ii textile* | iiinl cottons. I Tin- lulled Kingdom miiiutiiiiis t lie j duty five i-iit in ..t t mm,linn p.ods a» I in tin' m|il inrluilin- <1h h.v j produce. 111.. 11, iti-li ~,,.1 (ii nnil in ii ! (iiiM'ilinifiH - lifiiffl.nt h u ill negotiate I MIIV dill'' cllcc- ll- lift Mi-cll 1 ...MTII-III.-lit- ill-lfilll of 111 itllill lli.lklll- Icpilsf Mill I• .11.— to t 111- ( milldiall I .11 ill' I 11. i, 11,1. ; Simiiiifd ii|i. tlif iij.Ti' fiiif nl iiffiirdH til lll'illlill - 111.— 1 Hill i,ll I ollffs.-i.lll!. over I tlif old nyi..fin,Mit. « hfifii- i iiii.i.hi ■„ j posit ion is \ii i inillv uiieliiinj-cii. Tin- otiiiwii .in if«|.oiidi'iit of tlio j •Ni-w VnrU Time-" ■'••|Hirt» thin the immediate mi I u<- of tin- eoiiet-ssiom. J < HIIH.III lllls olitllillfd ill IIIT tlflltV With Kritai-i a<*aiu»t countries oi.tMdf tin* i Kinpin- fiinnot lie li-hg limn lin.UMi.iMin dollars ii u-ar. REDUCED DUTIES. ', PREFERENCE AIDS BRITAIN. Hriti«.li 0(11,1,,1 Wlrelmw. j McHY, M»nmry 2u. The new truile ajjrcfiiifiit lietween the , I'niti-d Kingdom an,l Ciuiadii will nuiip |' itltO tlllVC llf MMII, |IH till* lICCI'SMIIX L lejjirdatillll lllls I U passed. In tlif 1 nii-Hiitiiiif i-Hfli (,ii\ oriiini- nt will ;ji\e effect to its provision* ,t> fur as po»sililc. 1 The new agreement takes tlio place i of th»> Ottawa of llCfi iiiid will ri-iiiHiii in force until MUD, alter -, wliit-h it will font inui- sulijc.t to -i\ t months 1 not if p. The roiliict ions in duties i affect nlioiii 4u per fi-ni hv milui- of > thp totiil imports of British -.-onds into (ui in da. Free entry for u iimri I ><*r nt s classes of British jroods, represent iujj s about :<(» per cent liy value of the total ~ imports: is conventioiiHUsed. Only nliout t , l."> per cent of the imports from llritniii I, will he subject to duties not lixed in g the agreement. Canada will apply most favoured-nation treatment to colonial jruod*,.