EXPORT TRADE

Waikato Times, Volume 125, Issue 20989, 16 December 1939, Page 12

EXPORT TRADE

ATTITUDE IN BRITAIN POLICY OF MAINTENANCE The policy of the British Government to maintain the United Kingdom export trade is described in a memorandum issued by the President of the Board of Trade and sent to the British Trade Commissioner in New Zealand, Mr R. Boulter. “It is essential,” states the memorandum, “that exporters should be encouraged to maintain and increase their export trade to the greatest extent consistent with war needs, and the Government is anxious to assist exporters in every way. “Some Government direction of the flow of materials for manufacture has inevitably become necessary, but this does not mean that supplies will not be available for the export trade. No general system of permits or priorities in the allocation of materials is in force, and for the great bulk of manufacturing goods which form the normal export trade of the United Kingdom supplies of the required material can, so far as may be foreseen, safely be relied upon for a period of the next three months at least.”

Existing and future contracts for capital goods which take a considerable period to fulfill are to receive special consideration with a view to arrangements being made for the supply of materials and the issue of export licences, if and when required. The issue of licences for goods subject to export licences has also been greatly accelerated, while the issue of general licences has been increased and these will be granted wherever practicable.