The Archive · 1933

Pact Reached with

INDIA

Bombay, Oct, 29.

The Lancashire cotton delegation has left'for England after reaching an agreement with the Indian cote ton, delegates, Sir William Clare-Lees, head of the British delegation, said, before his departure, that he was ver TeaSeP anth She result ofthe Ings with Indian and Japanese me dustrialists, The agreement with the Indian cotton delegation states that, on the Indian side, it is agreed. "that the industry required a higher level of protection againat oreign fom, ana hat. no fresh proposals ers than against the United. King-

Will'be made in regard: to dui applicable to imports of Brit cotton, piece-goods when the time came for the removal of surcharges all imports imposed in October, The duty on British cotton yarns

with a specific duty of one-and-a-maybe five, per cent, ad valorem, quarter anna a pound; the duties fon British artificial silk goods may be 30 per cent, valorem, or 24 Annas a square cent. artificial sll per cent. or two annas a'

Sard"for a mixtare of cotton" and Artificial site fabrics.

for a mixture of cotton a

"The duration of the agreement is Aingited to December 31, 1986.

The agreement also regards Empire markets, that an; ranged for British pi yarns shall be extended: to Indian foods, and India. shall. participate in the United Kingdom quota in any markets in which she has no inde-Dendent quota, The Indians emphasised the necessity of further efforts in the United Kingdom to promote the use of Indian raw cotton.—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

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