TRADE WITH NAZI PORTS

Dominion, Volume 37, Issue 281, 24 August 1944, Page 4

TRADE WITH NAZI PORTS

Sweden’s Decision (Received August 23, 7.40 P-m.) LONDON, August A>. The Swedish Government’s war insurance committee has. announced that henceforth it will cease insuring all ships engaged in traffic to and from all German ports, savs “The Times” Stockholm correspondent. The committee on August 11 decided against insuring traffic with north German ports, but has now included Baltic ports. •’ This means that the Germans can continue receiving Swedish ore and other ev norts only if they use German and German-controlled ships, because d ' sh shins will not sail uninsured. The decision means that Sweden s total trade with Germany will be c, it by one-third and iron exports by a half, says Reuter s Stockholm correspondent. Well-informed foreign observers state the Swedish decision is a sequel to the repeated British and American representations that Sweden should completely sfon trade with Germany. The Swedes refused, but the cancellation of the snipping insurance is regarded as a compromise.