1954-07-09 — Page 3

A

CHINA'S TRADE

Statement On Malaya

GATT Reports Big

Increase With

Settlement Sterling

London, July 8. statement reporting i

Countries

the RoLtlement of differences RESTRICTIONS WILL NOT

which aruse over the new

Constitution for Maluya was

of

made in both Houses SOLVE JAP. PROBLEMS

Parliament today.

Last night Maluyn's

inost

powerful political albatice ended

Geneva, July 8. Communist China's foreign trade in soaring the Federation's government, specially with sterling countries while Japan needs

its boycoti aguitist taking part la

her balance of trade

The Aillaire- composed of the to export more to cover Latted Malay National Organisa-problem, according to a report issued here today tion and the Malayan China by the Secretariat of the General Agreement on

Argociation Allustice--began the i

buycota last month.

The decision was taken

Tariffs and Trade (GATT).

These two Far Eastern trade factors stood

cause M. Oliver Lyttelton, they out boldly in the long report which brought up to Colonial Secretary, had refused |

to

increase the

number

of

Idate the postwar trade trend of countries on both

elected members In the sides of the Iron Curtain,

Legislature from 32 proposed in

the new Constitution to 39.

The decision to end the boy. Sir with Tolliewed talks coll Donald McGillivray, the Britis

High Commissioner

Mr Lyttelton.

L

1

written

Of Japan, the report said

は

seemed most unlikely that im- port restrictions could solve her balance of trade problem.

In 1953 tende of the Eastern European COUMEFTOS with the rest of the world

then ever before.

The GATT report will be one of the baste documents

for review of the operation of the General Agree- six-year-old ment to be undertaken by lac

ด

34 contracting parties at the end of this year, which will co}}- lower suture WO

full-dress re- report examin of world trado

policy.

the to

reply to question, sarl today:

be able that after the

"I am und to

Announce

anicl. 1igh

Commissioner had explained the course he intends

reserve

10 pursue when he appoints the nominated whom members, to reference is made in paragraph 31 of the Ekelan Committer

of The

the leaders report, alliance have slated that they

Tot its contrast

with the

development of Eastern Europe's Imports from, and ex-

SINCE KOREA WAR

Mest notable development in kylesyntional

THE CHINA MAIL, FRIDAY, JULY 9, 1954.

Beyan Is Gloomy

London, July 8. Left wing Labour leadey. Me Abcurin Bevah, and

ikle ovenlng thật ha wks very pemimizile aboti world affairs.

the

Speaking at Caerleon in

of Monmouth, county ho sald, 1 take a pre- foundly

gloomy attlindo towards the International situation,

bellevo it is full

of the gravent possible danger. I do not think it can bo surmounted by

rum beating. Ang 'waving patriotism or by any of the forms of the pristine gregariousNERS of the human race." Franée- Prezst.

E. GERMANY

ACCUSES ADENAUER

Berlin, July 8. The East German cabinet today published state- ment accusing West German Chancellor Könrad Adenauer making "provocative threats to France."

of

The statement, released through the pres

department of the Premier's office, quoted the East | German callus, council as fol- Jowa: "The provocative threats directed against France by Adennuer to obtain by means ports to the outside world, the pattern the rude at mainland China is į trade since the pre-Korean of blackmall the ratification of growing.

position has been the great in- the European Defence Com- provement in Western Europe's || munity Treaty. have caused balance with North stupefaction and anxiety in the

whole world

and particularly among the French people.

China's share The Com- i trade

of

are prepared to co-pernte with munist group's total Imports America, the report said. and participate in the rrent at all levels as before."

CONSULT LEADERS

govern- | almost doubles from 1952 to

1958 and now cxereds (7110 quarter while her exports almi represent one-thad of the total.

He added "Briefly, it is the intention of the High Comm soner to consult the Traders

nember

Chan's Trade Increased moit with the overseas membres

The majority parts, 01 parties the mealing area and also rand- among the

zultantial progress with Con- before making applentevents tetinental Western Europe. the five resen ved sent

After the

The 147-page report which Under-Secretary. deals with International trudo

in 1953 added that nearly nine tenths of Japan's imports are

Le Munster. had read a similar statement to the House of Lords, Lord Oginore, a former Labour Colintal Under-Secretary, sat he would like to congistulate all parties concerned.

The trade tefelt in the first half of 1933 at an annual rote of nearly $1,000 million stood at less than half the 1950 level,

This improvement หม due principally to increased exports of manufactures from Europe, the report considered.

The report stressed A new tendency towards "regionalisa tion" of trade within certain inter-related areas,

fort and raw materials, neither It commented on the strong

ment.

"It is said that Germany has learnt nothing from the Dust. The government of the Democra{~ le German Republic declares categorically that Adenauer has no right to speak for the Ger- men people. His speeches and his actions bre contradiction with the majority of the German people's love of peace."

The cabinet statement went on of which seem to permit curtail- | growth of commercial Inter- to say that a hard Acht was chunge both within Western Jaking place between the Europe und between

forces the democratle

und "the European Industrial reglans and Chauvinists greedy for revenge, non-dollar suppliers uf who were responsible for two

world wars. brimary products.

This Japan has to rely on an He said that the Lazar Panty In both Houses had worked unexpansion of exports to solve the iringly for a just and friendly probletu. In the first half of 1953 these were at the rate of about solution

If the Lord Munster said he agreed $1,200 million a year. heartily with what Lord Ogmarge deficit is to be covered by had said. Heuter.

expnk they will almost have to double, the report said,

Among the important trading ENVOY RECEIVED ons Japan is an outstanding in that her trade jexemption.

enest dhl not diminish or 1963, The report ald,

Whereas many countries cut own their unports, the value of Japan's imports rose by one-th between 1952 and 1953, while

the

AMERICA AFFECTED

Thần tendency affected North America as well, where trace has been particularly well main tained with the so-called dollar countries of Latin America.

Britain constitutes the in- éustrial bridgehead of the whole sterling aren with many of whose members the monetary connection is reinforced by pre- ferential customs treatment, the Certain other

Teheran, July 8. Soviet ambassador in Teheran, Mr Anatoli Lavrentiev, Was received at his request today by Iranian Foreign Minister Abdol- ta Entezam. The conversation

the value of exports remained | repor which lasted 30 minutes, sought to have dealt with an unchanged. The re ulting deficit article published in the Soviet 1953 was without precedent. at about $1,000 June 2, Standing "Pravda" paper attacking American policy In mutilon

was considerably nore than twice the 1952 deficit,

on

Iran-France-Presse,

was

11

Crossword Puzzle

A British

3 14

15

B

12

16

17

20

21

23

|24

25

26

27

29

ACROSS:

1 Dome ().

5 Search (B).

8 Scrap-book (5).

9 Allow (0).

10 Mar (5).

11 Triangular tract at

rivermouth (6).

12 Ono (4).

is Ventilated (5)..

18 Want eagerly (0),

18 Cultivated plot (6).

20 View (4).

29 Cavi (4).

28 Savoury (8),

18 Host

25 Coats

27 Spine-tingling (8).

23 Uncanity (6).

29 Adhares (3),

9

22

DOWN:

1 Takes prisoner (8);

3 Breakfast disli (8).

3 Deposited (4).

4 Changed (7).

A

5 Keep Up (7).

Weaken (0).

7 Direct (5).

14 Affinity (8).

15 Looks down on (8).

10 Feared (7).

17 Jewich (7).

19 Reply (0).

21 Revilo (B),

24 Affair of honour (4).

15

sald.

European countries have similar bund

with their respective overseas territories,

The Increased regionallaation of trade is distinctly a post-war phenomenon with obvious rools In the monetary disorganisation of the earlier post-war years, the report said.

The progress of regionalisation has affected the trade in manu- factures more profoundly than trade in primary products, the report sald

the most

The report sald notable development in trade among the Continental European countries concerned West Ger- many, whose part in total intra- Continental trade has increased substantially during the Jast four years.

WEST GERMANY

West German experts since the war have risen much more to Continental destinations than to other parts of the world, While in 1037 43 per cent of her total export value went to other Continental European countries, this share now stands at nearly 50 per cent, tho report stated,

Con- West Germany's charte tinental Westem Europe's exports to other parts of the world was 32 per cent in 1987. While it has been rising in, recent, years it stood at only 17 per cent in the first half of 1053.

The

development vigorous

exchanges bo- of commodity tween the East European coun- estimated to have in- tries,

between seven times chensed 1937 and 1081, added to general post-war trend toward-

trade, the razionalisation of report addock---Router.

HAILE SELASSIE

"IMPERIALISM''

statement

"Adenauer," the said, "is pursuing the policy of German Imperialism,

1

our forces are

to

(