TRADE WITH RUSSIA
BRITAIN'S LOST ORDERS REARMING A FACTOR LONDON, Fob. 16 British firms lost Russian orders to the value of £2,500,000 in 1938 because they were overburdened with armament orders, according to a report issued by the Soviet trade delegation. Orders which could not bo executed included £1,000,000 worth of shipping equipment and £400,000 worth of machine tools. The total value of imports to Russia was £18,491,000, compared with £28,208,000 in 1937. The value of British exports to Russia was £6,434,000, compared with £3,085,000, and of reexports £10,986,000, compared with £16,420,000. The reduction in the turnover figures is attributed mainly to lower prices for timber, grain, furs, platinum, etc.
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New Zealand Herald, Volume LXXVI, Issue 23275, 18 February 1939, Page 13
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110TRADE WITH RUSSIA New Zealand Herald, Volume LXXVI, Issue 23275, 18 February 1939, Page 13
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