TRADE AGREEMENTS

Greymouth Evening Star, 23 June 1937, Page 7

TRADE AGREEMENTS

BRITISH GOVT.’S SUPPORT

[BRITISH OFFICIAL WIRELESS.] -

RUGBY, June 22.

“His Majesty’s Government attach the greatest importance to the stimulation of international trade,” the Hon. Oliver Stanley told the House of Commons, when answering a question on what steps were being taken to implement the desire expressed by the Imperial Conference in this sense. The President of the Board of Trade added that the Government, proposed with this object, to continue their policy of concluding in appropriate cases a bi-lateral trade agreement, of which benefits were generalised under the most favoured nation clause. He also referred to the inquiries being conducted by the Belgian Prime Minister, M. Van Zeeland.

TEXTILES’ 40-HOUR WEEK GENEVA, June 22. The Convention on the forty-hour week for tho textile industrv secured the necessary two-thirds majority, by 88 votes to 41, while 38 did not vote. OTTAWA AGREEMENTS. (Received June 23, 2.30 p.m.) OTTAWA, June 22. Thei Empire agreements which expire Jn July, have been extended to 1940, with the same preferences, according to an announcement by the Revenue Minister (Mr Ilsley) contradicting the report that the remarks on freer trade by the Prime Minister, presaged the cancellation of the Ottawa Pacts.