Anglo-Argentine Meat Agreement DUTIES AND QUOTAS FIXED.

Manawatu Times, Volume 61, Issue 287, 4 December 1936, Page 6

Anglo-Argentine Meat Agreement

DUTIES AND QUOTAS FIXED.

United Press Association—By Electric Telegraph.—Copyright, Received Thursday, 9 p.m. LONDON, Dec. 3.

A White Paper shows that the AngloArgentine meat agreement operates from November 20 and remains in force until December 31, 1939, when it is subject to six months’ notice. It fixes the duty on chilled beef and veal at ljd lb.; frozen or salted beef and veal, 2-3 d; other beef, 20 per cent, ad valorem. Mutton, lamb and pork will remain free of duty, while the duty on wheat in grain will be two shillings per quarter.

The Argentine Government agrees to co-operate with the British Government’s scheme for an international eon? fereuce to regulate supplies of beef to the United Kingdom market. Britain gives Argentina guarantees as regards her share in the minimum annual quantity of trade iu meat in the event of the regulation of imports into the United Kingdom, and to this end tho Argentine agrees to reductions in shipments of chilled beef by amounts rising in stages of not more than 2 per cent, of ..the 1935 figures for any year, to a maximum Of 5 per cent, of the 1935 figures in tho third year of the agreement, and is guaranteed a maintenance of the present conditions as regards quantities of other beef and pork. Britain undertakes that the Argentine's imports of mutton and lamb will not be reduced below 886,000 hundredweight in 1937 and 797,400 hundredweight in 1938. The agreement maintains all tarriff concession's by Argentina in the 1928 agreement.