Highly important trade agreements were concluded by Yugoslavia and the Allies late last night, it was revealed today, with the Franco-Yugoslav accords already initialed and an Anglo-Yugoslav accord reached in principle.
The Franco-Yugoslav agreement enters into effect January 1, 1940, and according to the newspaper Politika will deal with approximately 1,000,- 000,000 dinars' worth of exports to France, which is to import such Yugoslav material as hemp, tobacco, lumber, minerals and meat.
Payment for these purchases will be made in accordance with the terms of the treaty already in force, dealing with Yugoslav service on French loans.
Thus, in paying with goods, Yugoslavia will save the currency which she otherwise would have to use to pay the French Government.
French exports to Yugoslavia, by the terms of the new accords, will remain approximately the same as to dete.
Text read from the printed page and cleaned; old type leaves the occasional error.