Anglo-Polish Trade Pact Important

Chronicle (Levin), 7 January 1949, Page 5

Anglo-Polish Trade Pact Important

LOXDOX, -Tan. 6. The signing of an important AngloI'oli" h trade pact which provides for t;n- cxchaii^c J goods valued at £ i.io,oon,iHiu p,.ri0(i (,t' five vears, is jicct cd short ly in Warsaw vvhere a LiitLn Ptiaid of Trade delegation has toi somc i-mi' bcrm carryiii" on negotiations with the Polcs. It is uiiderstooii that the pact will in'dudn coinpensation for Biitisli iii\cs|ois whose prqperties weie taken uvcr bv ihe Polisli Government after tlie war. The uctual detaiis oi the jiact will not be publislied until it sigued but it is undeistood inajor liriti.sh purchases fiom Poi and uiider tlie attreenient will be food, ehiefly bacon and crrs. The quantity of additional bacon Britain hopes to obtain is tcn per ont. of the present total British supplies. This will not replace all Oanadian bacon orders eancelled because of the dollar sliortage but will go sonie way towards lilliUfT Ihe ga|). Chief Rritisli exports to Poland will be machinery, wool and rubber. The agreement, when it is signed, is expeeted to be the largest East-West trade pact since the en^of the war. It even exceeds the reeent Eusso-Polisli pact by £35,000,000. The fact that the Poles are prepared to enter into these arrangements, is taken in Britain as a signiticant indication that the countries oi Eastern Europe do not find the Russian market adequate and are seeking new outlets f or their production,