SCANDINAVIAN TRADE

Wanganui Chronicle, Volume 76, Issue 116, 19 May 1933, Page 7

SCANDINAVIAN TRADE

TREATIES WITH BRITAIN. THE DETAILS ANNOUNCED. [ British Official Wireless. J RUGBY, May 17. Under the new trade agreement between Britain and Norway, each country undertakes that the internal duties levied in cither country un guuds which are the produce or manufacture of the other will not be greater than thu.se levied on native goods. In the event of a quantitative regulation being applied to imports of fish into the United Kingdom, the agreement fixes the minimum quantities of white fish and herrings allowed tu be imported from Norway, and i.C imports of bacon, ham, and certain dairy produce are similarly regulated, imports from Norway will remain unchanged. Arrangements have been made whereby not less than 70 per cent, of Norway’s coal imports will be obtained from Britain, whose proportion of Norway’s coke imports, now 75 per cent.,, will be maintained. An exchange of notes recurds the understanding that, subject to certain exceptions, neither country will impose quantitative restrictions on imports such as would nullify the effect of the tariff concessions granted in the agreement. The agreement with Sweden is in similar form.