BRITISH TRADE

Hokitika Guardian, 19 May 1933, Page 5

BRITISH TRADE

NORWAY & SWEDEN,

TERMS OF AGREEMENT.

(Per British Official Wireless.)

RUGBY,- May 17

Under the new trade agreement between Britain and Norway, each cotintiy unuertuKes tuat the internal duties levied in either country on goods wiuen are tne produce or manufacture of the ot.ner will not be greater than those levied on native goods. '1 ne agreement with bweden is in u similar lonn. In the,.event of the uoiqoi.qsoa OAt}cq.uunb j.o .uoiq.isoduit tn imports of agricultural produce aim fish, Swedish butter imports are not to be reduced below 186,1)00 hundredweights yearly, and fish imports not below 46,000 hundredweights. Forty seven per cent of all Swedish coal imports will be of United Kingdom origin.

In the event of a qualitative ‘ regulation being applied to the imports of fish into the, United Kingdom, the agreement fixes the minimum quantities of white , fish and the herrings allowed to be imported from Norway, and the imports of bacon, ham and certain dairy produce are similarly reguiatodporinpoE&eU* from- Norway will remain unchanged. Arrangements have than 70 per cent of,, Norway’s coal imports \ ill be obtained from Britain whose proportion of Norway’s coal imports —now seventy-five per cent:—will be maintained.

With some exception neither country will impose a qualitative restrictions on imports, such as would nullify the effect of the tariff concessions granted in the agreement.