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SWEDISH CREDIT FOR RUSSIA

TRADE AGREEMENT SIGNED

FIVEFOLD INCREASE ENVISAGED

SOVIET TO PURCHASE EQUIPMENT

(United Press Assn.—Telegraph Copyright)

(Received September 9, 9.30 p.m.) MOSCOW, September 8.

A trade and credit agreement between Russia and Sweden has been signed, providing Russia with a £6,000,000 sterling credit for five years for the purchase of Swedish equipment. Interest will be at the rate of 4| per cent.

Over a five-fold increase in the Rus-sian-Swedish trade turnover is envisaged. It is proposed that the Russian exports will include petroleum products, grain, fodder and manganese.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ST19400910.2.44

Bibliographic details
Ngā taipitopito pukapuka

Southland Times, Issue 24227, 10 September 1940, Page 7

Word count
Tapeke kupu
90

SWEDISH CREDIT FOR RUSSIA Southland Times, Issue 24227, 10 September 1940, Page 7

SWEDISH CREDIT FOR RUSSIA Southland Times, Issue 24227, 10 September 1940, Page 7

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