Negotiations for a Turko-Japanese trade agreement more favourable to Turkey will begin in Ankara shortly, with Ambassador Toshihino Taketomi representing the Japanese Government, the "Asahi" reports.
"The exieling commercial treaty between the two countries was signed in December, 1937, and expires For South Seas Tokyo, Aus. 3, Described as an initial step in the Konoye Government's southward ox-passion policy, a national policy com-any is to be established by the For-feign Minister, Mr. Yosuke Matsuoka, who concurrently Is Overseas Min for, 10 develop Japanese interests. in the South Seas, the "Hochi" reports.
The company would be capitalized, by the Turkish Government. The lat-|fochir sates, and veovie he simile November 6, having been abrogated fora. start," at 000,000, the {or told Japan it wished to conclude 1s"°%he South new treaty "more in line with the new economic situation in the work Company, of which Mr, Matsuoka was president before he joined the Ca-'The "Asahi," commenting. on] Binet srurkey's notre' of abrogation, says The new company would deal with Eton titerent from the United States al and commer Sorogation, lest summer, of th, 1011 the South Seas, RmerieanJapanese trade 2 ence the W'S. provided for no new placing particular emphasis en the ae: sition of vital materials for Japan, Matsuoka's project, says. the Although, by the terms of the Is linked {0 the Konoye Gove present Turko-Japanese agreement. ernment's professed determination. to barter arrangements are on the 50-50] erate an East Asian sphere of self. basis, the "Asahi" points out that] sunteieney for Japan," Manchoukus since most of the commerce is carried snd Chiga—ilavene Japanese bottoms, statistics in terms of foreign exchange are rather favourable to Japan.
Turkey, says the "Asahi," hopes tol Export Restrictions adjust the agreement to. "something more equal in terms of international payments: Hava
Text read from the printed page and cleaned; old type leaves the occasional error.