TURKEY AND GERMANY
IMPORTANT TRADE EXCHANGES. LONDON, April 28. The Times correspondent on the German frontier says that the Turkis German trade agreement which was signed at the week-end envisages deliveries each way of additional goods of a value of 3,000.000 Turkish pounds, not 100.000, as cabled yesterday. Ihe deal is comparatively small, but tnc products have a key j importance, an the political aspects are not liegligibc. The agreement is on a barter basis between private firms, and it supplements the official clearing agreement, which, is inadequate to meet the Tuikish import needs. Attempts to crease Turkish imports from America have been disappointing, due to the inadequacy of the Iraq railway •■ Germans will supply pharmaceutical materials, chemicals, paper and machinery, and the Turks will slippy bacco and agricultural products. Turkey and Hungary have imtiall d flu agreement to a value of "0, > Turkish pounds whereby Turkey exports cotton wool in exchange for industrial products.
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Manawatu Standard, Volume LXI, Issue 126, 30 April 1941, Page 7
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155TURKEY AND GERMANY Manawatu Standard, Volume LXI, Issue 126, 30 April 1941, Page 7
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