BRITAIN & RUSSIA
TRADE AGREEMENT SIGNED. MAY LEAD TO FURTHER TRANSACTIONS. By Telegraph—Press Association—Copyright. (Received This Day, 9.25 a.m.) LONDON. October 11. Mr E. L. Burgin, Minister of Supply, has signed an Anglo-Soviet agreement providing for the exchange of Russian timber for rubber and tin. It is expected to have important political as well as trade reactions. However, as it stands, the agreement is purely a commercial transaction, its object being to ensure the shipment of timber from Russia before the freezing of ports at the end of October. The withholdingof export licenses at the beginning of the war caused a hold-up of tin and rubber exports and the agreement en • sures the release of the goods Russia is needing against release by Russia of goods consigned to Britain. The negotiations have been proceeding, for a fortnight and it is hoped that the agreement is only the first of a series of transactions. The official announcement refers to discussions with the Soviet trade delegation in London. The Russian signatory is M Filin, the Trade Commissar in London.
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Wairarapa Times-Age, 12 October 1939, Page 6
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176BRITAIN & RUSSIA Wairarapa Times-Age, 12 October 1939, Page 6
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