The Archive · 1937

Readjust Relations

Tokyo, July 1.

The Japanese Foreign Offüce will soon start negotiations with the Government of the Union of South Africa for the adjustment of trade relations between the two countries.

Largely influenced by two Government's wool policy, Japan's trade with South Africa has become very unfavourable lately. During the first four months imports totalled 41,253,000 yen, but exports were only 1272000 yen, showing an adverse balance of 28,533,000 yen.

Last year Japan's exports to South Africa totalled 41,534,000 yen against imports of 22,561,000 yen, with a favourable balance of 18,973,000 yen.

Notwithstanding the position, the Union Government has not removed any of the restrictions on Japanese imports.—Reuter.

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

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