Social Credit part in trade deal
Sir, — Mr Taiboys learnt in South Korea what we all must learn: that increasing our trade is not on unless we will buy more closely an equivalent amount to what we want to sell. Unless we promote bilateral trade on a reciprocal basis with our Third World neighbours our export drive will meet similar rebuffs, elsewhere. The whole point of Social C edit’s Solomon Islands deal is that it is reciprocal. It involved overseas funds of neither country. It was privately arranged by individuals. Therefore, neither Government needed to have known about the deal. Only the permission of the two central banks for the partners to open accounts to the value of the goods exchanged in each country was needed. and this was granted. With or without Mr Muldoon’s co-operation Social Credit will continue 'promoting realistic, equitable, and mutually beneficial working examples of its policies, in all fields. Perhaps that explains his petulance. — Yours, etc.. G. A. CLOVER. May 8, 1979.
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Press, 10 May 1979, Page 16
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167Social Credit part in trade deal Press, 10 May 1979, Page 16
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