METAL INDUSTRY
EUROPEAN TRADE AGREEMENT BRITAIN OBLIGED TO HOLD ALOOF “SPECIAL ECONOMIC REASONS” By Telegraph.—-Press Assn.—Copyright. Routers Telegram. PARIS, August 10. The French, German, Belgian, and Luxemburg metal industry groups have issued the terms of a draft convention to which the adhesion of two parties concerned, which is at present withheld* is regarded as certain. The convention does not anticipate a likelihood of the restriction of output, but rather the introduction of regulations for the more reasonable distribution of production. Quotas of production have been arranged, and the proposed output will be greater than in recent years. An agreement Has also been reached on the question of the regulation of specialised industries. A quota of production haß also been arranged for Czecho-S’lovakia, Poland, and certain Austrian industries manufacturing hardware goods. The “Matin” states that British representatives have been kept informed throughout the course of the negotiations, and concludes: “There are special economic reasons obliging British industrialists to hold aloof temporarily from this Continental combination.”
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Bibliographic details
New Zealand Times, Volume LIII, Issue 12527, 17 August 1926, Page 3
Word Count
164METAL INDUSTRY New Zealand Times, Volume LIII, Issue 12527, 17 August 1926, Page 3
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