WORLD CONFERENCE
STABILISING SUGAE
STATE SHIPPING SUBSIDIES
United Press Association—By Electric Tel«eraph—Copyright. (Received June 22, 2.30 p.m.) LONDON, Juno 21. At the World Conference the delegate for Cuba submitted to the Economic Commission proposals for stabilising sugar production, including an international agreement for ten years to construct no new sugar factories, not to increase the effective productive capacity of existing factories, to grant no new subsidies for the production of tho export of sugjjir, nor'to increase tariffs beyond 70 per cent, ad valorem. Tho Norwegian, Herr Feranley, suggested that a sub-committee draft a convention for the total or partial abolition of State subsidies to shipping, except those necessary to maintain certain mail and passenger services. Tho Commission formed a sub-com-mit too to deal with tho regulation of exports. The nations represented include Canada and Australia.
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Bibliographic details
Evening Post, Volume CCX, Issue 145, 22 June 1933, Page 12
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135WORLD CONFERENCE Evening Post, Volume CCX, Issue 145, 22 June 1933, Page 12
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