U.S.A. TRADE AGREEMENTS

Grey River Argus, 9 May 1936, Page 7

U.S.A. TRADE AGREEMENTS

LATEST WITH FRANCE. (Aus. & N.Z. Cable Assn.) WASHINGTON, May 6. The Franco-American Trade Treaty wa< signed to-day by Senator Hui (Secretary of State) and the French Ambassador, M. Laboulays. I end in „ publication of the text on May 13, tho details are not to be disclosed. The State Department is drawing attention to the fact that this is the thirteenth trade agreement made since .Tune of 1934. and is the fifth with a 'European country. Tt is indicated that the treaties will provide improved opportunities for the expansion of trade in special products of special interest to each country. .Tn addition to duty concessions and quota increases bv Franco, and duty concessions by the United States on carefully selected lists of products, the agreement provides generally for a substantial measure of the most-favoured nation treatment by each country of the commerce of the other. (Official Wireless). RUGBY. May 7. The President of the Board of Trade, in the Commons, said that under the Anglo-Argent'ne trade ngreenient 1933. six months notice ot termination of the agremoent might Im given bv either party. :i! any date after Mav G, 1936. Discussion were now proceeding between the two Governments for a revision of the agreement accordingly. They had agreed

to exchange notes, the effect of which was to enable the agreement to be terminated on Xovemb'-r 7. .Even though notice ol' term'nation might be withheld till ,Tnl\- 7.