GERMAN-RUMANIAN TRADE PACT
Sweeping Provisions For Co-operation BUCHAREST, March 23. The trade agreement between Germany and Rumania has been signed. It will be operative till 1944. Sweeping provisions envisage adaptation of the German and Rumanian economic systems in order to comply with the needs of both mutual and foreign trade. Rumanian agriculture will be developed, Germany monopolizing Rumania’s imports and manufactures. A German-Rumanian company will he formed Io study the oil deposits, ami free zones will be created along the Danube, where Germany will dominate industry and shipping. The agreement provides for cooperation between the Rumanian and German banks. Germany will supply machinery and equipment for mining, and also arms and equipment for the Rumanian forces, and will co-operate in the Rumanian armament industry. A Government communique states Iha I by signing Hie treaty with Germany. Rumania has furnished new proof of her desire to strengthen peace, which increasingly depends on the solution of economic problems, taking account of (he needs of great and small mil ions.
The foreign Minister. Dr. Gafencu, slates that Rumania is prepared to examine (he possibility of concluding similar agreements with other countries. 'Die German Minister informed Dr. Gafencu that Germany will execute all Rumanian orders which have already been placed with Czechoslovakia.
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Dominion, Volume 32, Issue 154, 25 March 1939, Page 11
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208GERMAN-RUMANIAN TRADE PACT Dominion, Volume 32, Issue 154, 25 March 1939, Page 11
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