INDUSTRIAL COOPERATION.
BETWEEN FRANCE AND GERMANY
by -carIe—PRESS ASSOCIATION- -CnPYRIGHT / LONDON, June 28. The Berlin correspondent of the Daily Telegraph says that after many months’ negotiations'an agreement been reached for the formation of a FrancoGerman iron and steel trust. France 'receives the. right to send Germany 1,750,000 tons of iron ore from AlsaceLorraine, the Sarre and Luxembourg annually. •' . ; . . - , The German and French heavy ilgivstries retain control of their own home markets, but will form d joint syndicate for foreign operations, orders from, which will he divided proportionately between France and Germany. A separate syndicate is being formed to control the output, and there are long term contracts for the delivery ot .French ore to Germany and Ruhr coa. to France. .
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Bibliographic details
Hawera Star, Volume XLV, 30 June 1925, Page 7
Word Count
120INDUSTRIAL COOPERATION. Hawera Star, Volume XLV, 30 June 1925, Page 7
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