TRADE IN EGYPT

Dominion, Volume 24, Issue 110, 3 February 1931, Page 9

TRADE IN EGYPT

Strong Mission Sent By Britain

FUTURE PROSPERITY BrWA WWesa. Rngby, Jamtary M. ■ A British Trade Mission to Egypt, consisting of Sir Arthur Balfour, Sir Allan Anderson, director of the Suez Canal Co., Mr. W. A. Blair, director of the Co-operative Wholesale Society Limited, and Mr. Kenneth Lee, of Messrs. Tootal, Bradhurst, Lee and Co., left London to-day. All are recognised authorities on industrial questions and have -served on various Government committees dealing with trade and industry. The mission is due to arrive at Port Said on February 11, and will study the conditions of Anglo-Egyptian trade with a view to stimulating mutual trade, which is already of considerable proportions. Sir Arthur Balfour In a statement made before leaving said that from the study they had already made they were convinced that developments would take place in the future in tha trade between the two countries. “When the great Egyptian irrigation schemes have been completed, when the world returns to its normal economic condition, and when the price of' raw cotton rises, the prosperity of Egypt must surely Increase and further great commercial expansion take place. The United Kingdom is Egypt's best market, and we are the chief supplier of her imports. Surely that is ' the soundest possible basis for the development of our mutual trade.”