Great Britain officially announced yesterday that an agreement had been signed in London on Thursday whereby Britain granted an export credit of 5,000,000 pounds sterling to the Chungking Government with which to make purchases within the sterling area, Negotiations are proceeding for allocation of the Chinese orders among the United Kingdom, Australia, New Zealand, India and Burma.
The credit was first announced in the House of Commons last Decem. ber. It was in addition to the 5,000,- 000 pounds sterling since loaned to China for currency stabilization purposes.—United Press, Mr. Eden Confers With
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