TRADE AGREEMENT

Inangahua Times, 26 April 1932, Page 1

TRADE AGREEMENT

CANADA AND NEW ZEALAND HOT YET OmcIALLT ANNOUNCED (United Press Assn—By Eleetric Telegraph—Copyright.) OTTAWA, April 24. Canada and New Zealand are reported to lave Signed a trade agree ! mant. sJ>.« Uf Wlf Tie pact was executed on lelalf of tie two Dominions during tie week end. It is understood that an official an* nouncement Of tie teams of agreement is expected witliiv the next 48 hoars, when certain agreements are completed. Meantime, no official confirmation of tie agreement is given in Canada. It is understood there are considerable concessions under British preference to exports from .this country, largely manufactures. The hotter duty into Canada from New Zealand is reported ae five cents a pound, similar to the duty on Australian latter. Imports of New Zealand wool are likely te he on the fred list under British preference. The agreement is fully expected to be tailed in the House of peamnons In the {present session. . ' Parliamentary approval will he given before the prorogation next month.