BRITISH EXPORTS TO N.Z.
GUARANTEE MAY BE EXTENDED
GOODS PRODUCED IN UNITED KINGDOM
(Received September 25, 10.30 p.m.) LONDON, September 25.
The Secretary of the Department of Overseas Trade (Mr R. S. Hudson) announced today that the agreement entered into with the New Zealand Government, under which Britain will guarantee exports to the Dominion up to a total of £4,000,000, would operate until June 30, 1940, with a provision for extension.
The British Government’s liability will be limited to 75 per cent, of each debt.
The goods covered will be those wholly or partly produced in the United Kingdom for which deposits have already been made in New Zealand.
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Bibliographic details
Southland Times, Issue 23932, 26 September 1939, Page 8
Word Count
109BRITISH EXPORTS TO N.Z. Southland Times, Issue 23932, 26 September 1939, Page 8
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