BRITISH TRADE LOSSES
ORDERS BY RUSSIA
DUE TO PREOCCUPATION WITH RE-ARMAMENT
(Received February 17, 2.40 p.m.)
LONDON, February 16.
British firms lost Russian orders to the value of £2,500,000 in 1938 because they were over-burdened with armament orders, according to a report by the Soviet trade delegation.
Orders which could not be executed included £1,000,000 worth of shipping equipment, and £400,000 -worth of machine tools.
The total value of imports from Russia was £18,491,000, compared with £28,208,000 in 1937. British exports to Russia, totalled £6,434,000, compared with "£3,085,000, and reexports £10,986,000, compared with £16,420,000.
The reduction in the turnover figures is attributed mainly to lower prices of timber, grain, furs, platinum, etc. ..'■"' .
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Bibliographic details
Evening Post, Volume CXXVII, Issue 40, 17 February 1939, Page 10
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112BRITISH TRADE LOSSES Evening Post, Volume CXXVII, Issue 40, 17 February 1939, Page 10
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