MARKET IN EGYPT

Nelson Evening Mail, Volume LXIV, 3 February 1931, Page 2

MARKET IN EGYPT

SCOPE FOR BRITISH TRADE (British Official Wireless) RUGBY, 31st January. A British Trade Mission to Egvnt, consisting of Sir Arthur Balfour. Sir Allan Anderson, Director of the Suez Canal Co., Mr W. A. Blair, Director of the Co-operative Wholesale Society, Limited, and Mr Kenneth Lee. of Messrs Tootal, Bradhurst. Lee and Co., left London to-day. All are recognised authorities on industrial questions, and have served on various Government Committees dealing with trade and industry. _ The mission is due to arrive) at Port Said on 11th February, and will study the conditions of Anglo-Egyptian trade with a view' to stimulating . mutual trade, which is already of considerable proportions. Sir Arthur Balfour, in a statement made before leaving, said that from the study they had already made they were convinced that developments would take place in the future in the trade between the two countries. “When tho great Egyptian irrigation schemes have been completed, when the world returns to its normal economic condition, and when the pride of raw cotton rises, the prosperity of Egypt must surely increase and further great commercial expansion takes place. The United Kingdom is Egypt’s best market, and we are the chief supplier of her imports. Surely that is the soundest' possible basis for the development of our mutual trade.” ’