AFRICAN COLONIES

Evening Star, Issue 22571, 12 February 1937, Page 9

AFRICAN COLONIES

QUESTION OF TEXTILE QUOTAS EXTENSION ANNOUNCED (British Official Wireless.) Press Association —By Telegraph—Copyright RUGBY, February 10. It was announced in December that on January 1, 1937, a revised system of textile quotas would be introduced in Nigeria and the Gold Coast, details of which were then stated. It has been represented that the quantities of textiles which could be introduced into the two colonies under the arrangements proposed might be insufficient for the needs of the market. His Majesty’* Government, therefore, decided to ex* tend the first quota period from 12 to 18 months. The quotas for the ex* tended period will be calculated on the basis previously announced, and licenses for the whole period will shortly be allocated. , As a result licenses will shortljr.be available per* mitting the export into Nigeria during this period of goods from any foreign country to an amount equal to two aud a-quarter times the amount imported from that country in 1935, or 3.75 per cent, of the total imports from all countries in that year, whichever is the larger amount, while in the Gold Coast licenses will similarly bo available in respect of all Empire and foreign countries. The whole position will be reviewed by September next, and, if it then appears that tbo / licenses so issued are unlikely to meet the requirements of the market for the remainder of the quota period, a further issue of licenses will be considered.