Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

COMMONWEALTH INVESTMENT

Re-examination Of Policy Urged

(N.Z. Press Association Copyright) LONDON, May 5.

A thorough investigation of Britain’s attitude towards Commonwealth investment needs was certainly an urgent necessity and it involved major Commonwealth countries such as New Zealand and Australia as well as the more recently independent units, says the “Financial Times,” discussing the annual report of the Colonial Development Corporation. “There are certain difficulties, however, in allowing a semiautonomous body to channel investment from British to fully independent territories, not the least of them being political,” says the newspaper. “Government consultations with the Commonwealth on future development and capital problems have been taking place and it is understood that the whole question is being reviewed- in London.

“With Malayan independence scheduled for the end of August it is obviously urgent that the re-examination o_ Commonwealth investment policy should be completed in the near future. “The Commonwealth Prime Ministers’ Conference in June could well be made the occasion for consideration of the problem at the highest level. “The Colonial Development Corporation may not be granted new powers but it will have a role to play in whatever new schemes are decided upon.”

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19570507.2.162

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume XCV, Issue 28270, 7 May 1957, Page 16

Word count
Tapeke kupu
192

COMMONWEALTH INVESTMENT Press, Volume XCV, Issue 28270, 7 May 1957, Page 16

COMMONWEALTH INVESTMENT Press, Volume XCV, Issue 28270, 7 May 1957, Page 16

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert