EXPORTS TO N.Z.
British Guarantee Agreement TOTAL OF £4,000,000 Announcement Made In London By Telegraph. —Press Assn.——Copyright. (Received September 25, 11.5 p.m.) LONDON, September 25. An announcement was made today by the Secretary to the Department” of Overseas Trade, Mr. R. S. Hudson, that an agreement has been entered into with the New Zealand Government tinder which Britain will guarantee exports to the Dominion up to a total of £4,000,000 sterling. The guarantee will operate until June 30, 1940, with a provision for 'its- extension.
The British Government’s liability will be limited to 75 per cent, of each debt. The goods covered will be those wholly or partly produced in the United Kingdom, in respect of which deposits have already been made in New Zealand.
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Bibliographic details
Dominion, Volume 33, Issue 1, 26 September 1939, Page 6
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125EXPORTS TO N.Z. Dominion, Volume 33, Issue 1, 26 September 1939, Page 6
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