TRADE AGREEMENT
DOMINION AND CANADA [BY TELEGRAPH—TOESS association] "WELLINGTON. Sunday The trade agreement between New Zealand and Canada, due to expire at the end of this month, had been extended for a further year, until September 30, 1941, said the Minister of Finance, the Hon. W. Nash, to-night. The agreement was entered into in May, 1932, the original term being a year. It had been modified and extended from time to time. The trade balance in favour of Canada in the past five years, New Zealand currency, has been: —1936, £2,228,841; 1937, £2,889.253; 1938. £3,731,961; 1939, £3,414,276; seven months 1940, £591,333. '•The reduction in imports from Canada this year is due principally to reduced imports of motor vehicles, tyres, apparel and hosiery," said Mr. Nash. "When trading conditions become more normal it probably will be necessary to review the agreement."
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Bibliographic details
New Zealand Herald, Volume LXXVII, Issue 23774, 30 September 1940, Page 9
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140TRADE AGREEMENT New Zealand Herald, Volume LXXVII, Issue 23774, 30 September 1940, Page 9
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