Tokyo, Mar. 23.
It is understood that a new trade agreement, based on "the barter system, will be signed late in May, oF early in June between Japan and Germany. Negotiations, it is learned, will be concluded early next month, According to the terms of the new Sgreement, German exports to Japan. will be doubled, while Japanese exports to Germany will be nearly frebled—Reuter, thereby cause greater export of them other countries, In order to acquire foreign. currency" and to improve Manchoukuo's position. inher" tnter= national accounts, as she had e large Unfavouratle balance in last yest's trade, 'AS the Japanese yen in Shanghai quoted at" about 6d, Ht is "stated here, Manchoukuo's exports to. cen-{tal and southern China enable importers in Shanghai to' gain exorbit Ent profits, "Therefore it was, felt necessary to And means of adjusting the. prices of Manchoukwo products exported to" central "and. southern The export of castor oil is to be restricted because increasing quarle tities of the all obtained from ported castor seed have been export-ea. Wild sit has been exported Shieay to Japan and China, of there {sin growing demand for this oceduct Germany and Htaly for tee in the Manufacture of automobile tyres, As these outlets are more advantageous, twill be exported. mainly to. those countries Snstead of to" yen-bloc The export of hessian cloth and hemp thread and rope is" to be resiticted for the purpose of foster: ing the gunny bag. manufacturing industry "in -Manchoukuo. In line with this, the export of textiles made
and China hemp will be prohibited. by mixing, hemp with imported jute
Text read from the printed page and cleaned; old type leaves the occasional error.