TRADE OFFENSIVE
YUGOSLAV MEASURES
CASH BASIS PREFERRED
(Received January 11, 1.30 p.m.)
LONDON, January 10.
The correspondent of "The Times* in Belgrade says that trade quarter* forecast the control of exports to N Italy, Germany, and other countries trading with Yugoslavia on a clearing basis. It is expected to be aimed at limiting the exports to such countries of articles which could easily be sold to England, France, Belgium, Holland, or other countries trading in cash. The proposed measures are described as a trade offensive to which Yugoslavia has been driven by the scarcity of foreign currencies and the necessity for a favourable trade balance to service foreign credits. The German trade debt to Yugoslavia is at present £1,500,009 and the Its lin debt £127,000.
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Bibliographic details
Evening Post, Volume CXXVII, Issue 8, 11 January 1939, Page 10
Word Count
125TRADE OFFENSIVE Evening Post, Volume CXXVII, Issue 8, 11 January 1939, Page 10
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