JAPAN AND INDO-CHINA

Waikato Times, Volume 128, Issue 21415, 8 May 1941, Page 3

JAPAN AND INDO-CHINA

SIGNING OF TRADE TREATY BARTERING IN COMMODITIES United Press Assn.—tlec. Tel. Copyright) TOKIO, May 6 The Information Board, coincident with the signing of the Indo-China trade treaty,, announced generally it provides for most-favoured-nation treatment, also bartering in both countries’ principal commodities. The announcement significantly does not mention rubber, which it is independently learned is not included. The board said the treaty provides for the export to Japan of rice, maize, coal and minerals, and the export to Indo-China of textiles, other manufactured articles, and miscellaneous products; also the admission of Japanese commercial firms into IndoChina; the participation of Japanese capital in agricultural, mining and hydraulic concessions, and the establishment of Japanese schools. The term of the treaty is two and a-half years, instead of five years as sought by Japan. The Japan-Indo-China agreement is interpreted in Tokio as placing Indo-China virtually under joint French and Japanese exploitation, although morally the French retain sovereignty over the territory.