SOVIET DEFAULTS
PAYMENT TO BRITAIN ONLY HALF DEBT PAID (10 a.m.) LONDON, Aug. 12. Since the breakdown of the AngloRussian trade talks, another instalment of the £2,400,000 became due from the Russians on July 31 under the civil supplies credit agreement of 1941, but only a little more than half that sum has been received.
The British Government has declared it cannot accept what amounts to a unilateral decision on Russia’s part to cut the debt payment. It would be willing to discuss the credit on the basis 1 hat any agreement would be retro-active. The Government, meanwhile, is pressing for a reply to its message on the resumption of the trade talks.
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Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22406, 13 August 1947, Page 5
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113SOVIET DEFAULTS Gisborne Herald, Volume LXXIV, Issue 22406, 13 August 1947, Page 5
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