Helping the Czechs to Buy N.Z. Wool
. . - WEDLINGTON, Jan. 30. It was annonnced today hy tfic ' Acting-Minister of Finance (j\[ r. Nordmeyer) that a fiuancial agreement df.>gigned to. faeiiitate' the sale Qf wopl to Czeehoslovakia, had been signed in Londpp last Thursday. The agreemenc, which provides ;for ad.vances for one half of the. cost of the wool purehasetkJ follows in the tuain thftf concluded with france last yoar.;- Czeehoslovakia will, iiowever, receive credits up to §1,000,00,0 in New Zealanft curreney ilistead pf ha, 000, 000 which was made available to ?rance. > "The credits/' said Mr. Nordmeyer, 'are availahle for use during the enruing four years ending June. 3(), 1951, md the tofal advances are to he ropaid iot- later than June 30, IQoJ. As in he French loatb Hre Resevve Ranh of >iew Zealand is to ac.t as the agent of he Government in the mattpr. " |
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Chronicle (Levin), 31 January 1948, Page 5
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146Helping the Czechs to Buy N.Z. Wool Chronicle (Levin), 31 January 1948, Page 5
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