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WORLD TRADE

SPECIAL CLAUSE IN DRAFT CHARTER ANSWER TO COMPLAINTS WASHINGTON, September 19. The State Department has revealed that a special clause has been inserted in the draft trade chai ter which the United States is submitting to the World Trade Conference in London on October 15 to meet the complaints of countries like Australia and India that the oiiginal American proposals made insufficient provision for the. development of unindustrialised nations. The clause provides that assistance may be given to countries needing industrial and economic development through the proposed international trade organisation. The Assistant-Secretary of Commerce (Mr. W. L. Clayton) itold ” journalists that the elimination of all preferential trading arrangements like those in the British Empire and between the United States, and Cuba and the Philippines would require patience and might take considerable time.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19460921.2.30

Bibliographic details

Greymouth Evening Star, 21 September 1946, Page 5

Word Count
134

WORLD TRADE Greymouth Evening Star, 21 September 1946, Page 5

WORLD TRADE Greymouth Evening Star, 21 September 1946, Page 5