NEW TRADE AGREEMENT
BRITAIN AND BRAZIL SIGN
LONDON, May 21
An agreement between Britain and Brazil, signed in Rio de Janeiro, provides for trade exchanges between the two countries valued at £68,500,000 in 1948. Aggregate current transactions, including “invisible" trade, will exceed £100,000,000. Britain will supply coal, tinplate caustic soda, soda ash, cement, and petroleum products. Brazil will send coffee, meat, sugar, rice, oranges, cocoa, cotton, and timber. All current trade and financial payments between Brazil and the sterling area will be settled in sterling.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19480524.2.44.10
Bibliographic details
Otago Daily Times, Issue 26779, 24 May 1948, Page 5
Word Count
85NEW TRADE AGREEMENT Otago Daily Times, Issue 26779, 24 May 1948, Page 5
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in