Berlin, June 20.
Germany and Italy yesterday concluded 16 days of economic discussion in Berlin, the official German news agency D.N.B. reported.
The delegations were headed on the German side by Dr. Karl Clodius, Reich economic expert, and on the italian side by Sig. Amede Giannini, Italian trade expert.
Delegates worked out and signed a common war-economic programme for raw materials to be supplied to both nations. The agreement will become effective on December 31, 1941.
Herr Joachim von Ribbentrop, German Foreign Minister, yesterday received Sig. Giannini officially to terminate the conversations—United Press.
In view of the present geographical and military situation, with German troops near her frontier, the new agreement has obvious advantages for Turkey. Turkish policy is to remain non-belligerent and she has no aggressive intentions against anybody. On the other hand. she has been nervous lest Germany try a drive across her territory.
The new Pact removes this possibility in the immediate future and therefore, as it blocks one of the approaches to the Middle East, is held of value to Britain.
Text read from the printed page and cleaned; old type leaves the occasional error.