What Can New Zealand Sell For Dollars?
(N.Z.P.A.
^ — — Reuter .
Covvright)
Received Thursdav 7 p.m. WASHINGTON, July 21. Tf New Zealand and Australia have for sale — at an " attraetive " price — commodities which c ould be used in European econQinic recoverv, the EcqUon.ic Cooperation Administratiou is qu.il e ])rc])ared to consider purehasjng theju. E.G.A. offjcials stated thjs todav lu replv }o questiyns concernjng the possibiiity of Australia and New Zealand earning through E.G.A., some scarce dollar hinds. However, these ») Hicials said negotiations for the pur-r-hase of supplies had not been entered into as yet with either Government and indeed it was uncertain that New Zealand and Australia had any thing to offer that E.G.A. needed. They pointed out that United States' foreign aid legislation stipulated tluit during the first year at least, vrool needed bv E.C.A. should be bought from stoek by the I'onnnodity Gredit (V;rporatiou.
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Bibliographic details
Chronicle (Levin), 23 July 1948, Page 5
Word Count
144What Can New Zealand Sell For Dollars? Chronicle (Levin), 23 July 1948, Page 5
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