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CONCESSIONS TO YUGOSLAVIA
SEQUEL TO.LOST ITALIAN MARKETS AFTERMATH. OF SANCTIONS (British Official Wireless.) . .RUGBY, Jan. 4. The Yugoslav Cabinet is reported to have approved of the results of negotiations recently concluded with Britain during the visit to London in November of ,M. P.ilja, the head of the foreign’ trade department of the Yugoslav Ministry of Commerce, and embodied in a ,declaration of . unilateral concessions by Brita-'n in favour of Yugoslav farm produce.
A consideration which weighed, with file British Government in granting these exceptional concessions, in accordance with the mutual support undertaking contained in , Article XVI, paragraph 3, of the League Covenant, was the fact that . Yugoslavia had suffered particular hardship in carrying out her part in the collective action in imposing economic sanctions on Italy, which normally represents her best market.
The concessions gran fed by Britain in tliis agreement are unilateral. They provide lor added, facilities lor the marketing Yugoslav farm produce in Britain and include: Firstly, with bacon an. additional allowance of.-100 ewt. per weak,- secondly, with, eggs, a. free allowance at the rate of 200.000 ewt- per annum; thirdly with dead turkeys a reduction of duty from. 3d to .LI per lb, limited to a quantity of Go,oopcwt. per annum; and . fourthly, with dead chickens, a reduction of duty from 3d to Id per lb., limited to an allowance at the rate of 2.0,000 ewt. per annum.
This is the first time that this portion of the Versailles Treaty has been enforced, and it affords ample proof of the determination of Britain as one of the principal League powers, to carry out her share of the obligations imposed by the covenant. Article 16 deals with the severance of all trade and financial relations between the League and an aggressor State, and paragraph 3 states, inter alia, that members of the League agree that they will mutually support one another in the financial and economic measures which are to be taken under Article 10 in order to minimise the loss and inconvenience resulting from the above measures.
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Bibliographic details
Gisborne Times, Volume LXXXIV, Issue 12752, 7 January 1936, Page 2
Word Count
343PRODUCE FOR BRITAIN Gisborne Times, Volume LXXXIV, Issue 12752, 7 January 1936, Page 2
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