OTTAWA AGREEMENT

Greymouth Evening Star, 17 June 1936, Page 6

OTTAWA AGREEMENT

REVISION NEGOTIATIONS [BRITISH OFFICIAL WIRELESS.] RUGBY, June 16. In a Parliamentary answer the President of the Board of Trade, announced that preliminary discussions in view of the revision of the Ottawa Agreement with Canada, would begin shortly.

The Association of the British Chambers of Commerce, the Federation of British Industries and National Union Manufacturers, as well as bodies representing the particular industries, had been invited to furnish observations to the Board of Trade. Mr. Runciman added that the question of similar consultations with industry in connection with the possible revision of the Ottawa agreements with other parts of the Empire, did not arise at present.

BRITISH TRADE RETURNS > [BRITISH OFFICIAL WIRELESS.] RUGBY, June 16. The high level of imports which show an increase over May of last year of £4,650,000, equal to 7.2 per cent., was the outstanding feature of the overseas trade returns for the past month. The return shows signs of improvement in the British export trade, especially in manufactured goods. Although the increase for the five months in the current year was only £2,265,000, or 1.3 per cent, increase, last month alone it was £l,189,000 equal to 3.3 per cent. In the re-export trade the increase last month was equal to 1.3 per cent.