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Soviet barter deal with N.Z.

NZPA-AFP Tokyo The Soviet Union has increased import of meat and dairy products from New Zealand and Australia in a barter deal through a Japanese trading house, the Kyodo news agency has reported. The unidentified Tokyo-

based company is to import marine products, timber and coal from the Soviet Union under the deal signed with Moscow in December, Kyodo quoted trading sources as saying. The sources said six trading corporations

would be inaugurated in the Soviet Far East to promote imports from Asian and Pacific countries in line with Soviet policy for decentralisation. The first consignment, 3800 tons of Australian mutton worth SUS 2.7 million ($A3.80 million)

would be shipped to Japan, followed by dairy products from New Zealand for sale to Moscow, the sources said. About 40 per cent of the Japanese trading house’s transactions were made with the Soviet Union and China, the sources said.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19880128.2.87

Bibliographic details

Press, 28 January 1988, Page 15

Word Count
152

Soviet barter deal with N.Z. Press, 28 January 1988, Page 15

Soviet barter deal with N.Z. Press, 28 January 1988, Page 15