TRADE AGREEMENTS

Evening Post, Issue 20, 23 July 1935, Page 12

TRADE AGREEMENTS

BRITISH AND FOREIGN

Since protective tariffs have teen adopted by Great Britain a number o£ commercial agreements have been negotiated with foreign countries—some of which are competitors in the British markets with New Zealand. The following statement was recently provided by the Secretary to the Department of Overseas Trade in reply to a question asked in the House of Commons: — Notice Country Terminates! required. Argentina. .... Nov. 7,1!13G Six months. •Denmark June 20, ltKiii Kstonia ... Dec. 31, ISWB Six months. Finland Nov. 2;!, liWfi Six months. France . March SI, 1!i?,3 Two months. Iceland June 28, 19::« Six months. Latvia Dee. 31, 1930 Six months. Lithuania Dec. 31, l!':i(i Six months. Norway July 7. ]fS6 Six mouths. rnlanci Dec. 31, IMG Six months. Sweden • July 7, 11)30 Mix months. •The agreement with Denmark provides for reconsideration before date of terniinutUin. The British Government has the right to terminate agreement at three months' notice at any time if undertakings made by the above-named countries (excepting Argentina, Prance, and Poland) regarding purchases of coal are not fulfilled.

Trading agreements having no specified period of operation but terminable as indicated, are as follows:—Germany, agreement terminable at three months' notice; Netherlands, modus vivendi terminable at three months' notice: Soviet Union, temporary agreement terminable at six months' notice, partly on three months' notice.