Trade Rome, Mar. 7.
To, develop foreign markets and acquire much-needed raw materials as far as possible on the barter system, Ualy is revising old commercial accords and making new ones.
in. December, the Italian government signed new trade agreements with Rumania, Denmark and Uruguay.
Tale-American trade is carried on with some diMleulty since it 12 only regulated by the 1987 "modus vivendi" which both parties recognize as. Inadequate and more of an obstacle than a stimulus to trade. As. yet, however, no new commercial accords the South and Central American elds, Italian products find "good markets, "Largest buyers from ttaly ate Brazil, Chile, Columbia, Venezuela and Ecuador. Business with Argentina, which was flourishing before, hhas'been declining during) the past six months.
New accords with Czech-Slovalea are being negotiated, it is reported, {to replace those In force before the Sudelen annexation, Exportation to Great Britain, which was hoped here would be increased following the 1988 commercial agreement, does not suMelently offset the Importation of British goods, believed. in some Anancial quarters that it would be advisable 0 revise the accords or diminish the Importation of British goods until Valian products find a better market in England, The. Prance-Italian commercial agreement has been extended for six months. Due to the tense. pollteal situation business between France and aly has slowly been ebbing.
Trade with Germany, which has increased since the creation of the Rome-Berlin axis, and which has absorbed most of ihe Products which longer are sent to Great Britain and France, is being regulated by an Lalo-German commission.
'A trade accord with Poland is being drafted by an Tialo-Polish commission, Tu business circles here it ts pointed out that economic reasons alone do not account for Italy's decrease oF increase of trade with certain foreign countries United Press Huge United States Loan for Brazil gael Ok aaa Siak may Gee
Text read from the printed page and cleaned; old type leaves the occasional error.