RECIPROCAL TREATIES

Poverty Bay Herald, Volume LXIII, Issue 18961, 11 March 1936, Page 11

RECIPROCAL TREATIES

OVERSEAS TRADE POLICY MINISTER’S. STATEMENT NEED FOR INVESTIGATION (Per Press Association.) WELLINGTON, Inst night. The promise of earnest and early consideration of reciprocal trade agreements was made to the Wellington Chamber of Commerce at the annual meeting to-night by the Minister for Industries and Commerce, the Hon. D. G. Sullivan. after a plea for a review of. overseas trade treaties had been made in tbe presidential address by Mr. M. G. C. McCaul. : - ;; “The Government must examine the position of our trade with each country and undertake negotiations with ayyiew to negotiating trade * treaties, .securing rights for the entry and sale of; pur produce according to the value of this Dominion as a consumer of that other country,” said Mr. Sullivan. “.Such a course of reciprocal negotiations' is—the only logical one under the present conditions of world trade. Unfortunately, definite action in these matters should have been undertaken years ago, .and; it is impracticable and inadvisable to rush hastily into such negotiations and agreements.” • “ - He adde’d: “Yon have my assurance, however, that the question of reciprocal trade agreements looms largely on the horizon of the Labour.. Government’s policy in relation to external trade,, and that this question will “careful detailed investigation as soon as more pressing internal matters have been disposed of.”