YUGOSLAVIA ACTS.
DISCIPLINING GERMANY.
LONDON, March 19
While there is a section of British opinion, favouring German economic, or even political, leadership in Middle Europe, Yugoslavia at least finds trade relatio'ns *"ith Germany sometimes difficult.
The Yugoslav National Bank has issued currency regulations designed to halve Yugoslav exports to Germany. These exports had been so heavy during the first ten days of March that Germany's trade debt to Yugoslavia increased to £2,850,000 and Yugoslavia feared that it would soon rise to more than £4,000,000.
Germany has now agreed to reduce her trade debt within a reasonable time to £1,000,000, and the regulations have been withdrawn. Yugoslavia has agreed to supply Germany irrespective of the agreement, < with a further 50,000 tons of wheat and maize.
A commission from the Yugoslav War Ministry is at present in London negotiating armament contracts as part of the additional £14,000,000 defence programme recently voted. Yugoslav trade with Britain has improved considerably since the trade agreement was made in December. It is due for renewal in June. The Vienna correspondent of "The Times" states that British and French stocks are rising rapidly throughout the Danubian and Balkan countries owing to the greater resolution recently shown in matters of international, policy, and the energy displayed in rearmament.
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Auckland Star, Volume LXVIII, Issue 69, 23 March 1937, Page 7
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210YUGOSLAVIA ACTS. Auckland Star, Volume LXVIII, Issue 69, 23 March 1937, Page 7
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