HOLLAND’S TRADE.

Star (Christchurch), Volume LXVI, Issue 20280, 14 April 1934, Page 1

HOLLAND’S TRADE.

Conference to Take Place in London. RESTORING THE BALANCE. British Official Wireless. (Received April 14, 12.30 p.m.) RUGBY. April 13. Preliminary discussions regarding the scope of the forthcoming trade negotiations between Britain and the Netherlands will take place on the arival in London on April 24 of Dr Hirschfeld, Director-General of Economic Affairs for the Netherlands Government. The large dimensions of the trade carried on between the United Kingdom and the Netherlands "invests the coming negotiations with much importance. Last year British exports to the Netherlands represented a value of £12,500.000, and Britain’s re-export* to the Netherlands totalled £19.000,000. Britain’s visible adverse balance with Holland amounted to £4,51)0.000. In the previous year when the imports from the Netherlands totalled £2.250.000 the adverse balance w r as £750.000. and in 1931. when British imports from the Netherlands reached the value of £36.000.000. the visible balance of trade was in favour of the Netherlands to the extent of nearly £2.000.000. In regard to trade with the Dutch colonial possessions in the East Indies the United Kingdom’s adverse balance last year was £1.064.000. having been reduced from £3,056.000 in 1932 and £3.291.000 in 1931 The British exports and re-exports to the Netherlands and East Indies last year totalled £2.983 000, while the imports amounted to £4,031,000. __________