RUSSO-SWEDISH TRADE
(Special Correspondent.)
Ke-eived Thursdav, 7 p.m. .LONDON, Oct. 10. Details of the Russian-.Sw edish trade agreenieiit, released in Moscow, reveal that the Swedes grauted the liussians a credit of £(>0,000, (.)(}* i to be used for Soviet purchases of Swedish goods. The credit is to be spread over 15 years at slightlv over 2 per cent. intcrcst. The agreenieiit provides for a restoration of jiornial trading between the two I'ountries. The >Swedes will obiain (diroine, nickel, silver, inanganese, oil ]>rodui*t.s, cotton, lla.x, pig iron, rollcd steel and miiieral fertilisers. The Russians will receive electrical eqiiipinenl , eoalmiiiiiig machinery, equijuneiit for ihe lumber and buildmg iudiist ries, locoinot iv cs and fishing \ f'S«els. • The agreenieiit was signed qnlv after five uiontli.s of hani bargaining in wliicii ubservers eonsider the Swedcs 1'nlly held their owu. Oue result of Ihe agreenieiit is that Swedish lirins are r-fjijipelled to sacriliee their potemial espansion ln ihe Soulh Amerieaii markel in urdei to meet Russian orders.
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https://paperspast.natlib.govt.nz/newspapers/CHRONL19461011.2.22
Bibliographic details
Chronicle (Levin), 11 October 1946, Page 5
Word Count
160RUSSO-SWEDISH TRADE Chronicle (Levin), 11 October 1946, Page 5
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