Miscellaneous - This Day That Age   

dated June 21, 1958: Trade pact with Rumania

The validity of the Schedules attached to the Indo-Rumanian Trade Agreement 1954 has been extended up to September 30, 1958, it was officially announced in New Delhi on June 19. Letters were exchanged to this effect in New Delhi on June 19 between Mr. K.B. Lall, Joint Secretary, Ministry of Commerce and Industry and Mr. D. Niculescu, Trade Representative and Commercial Counsellor of the Rumanian Peoples’ Republic in India. A Press Note issued by the Ministry of Commerce and Industry said that the validity of the Schedules had been extended pending negotiations for the modification of the agreement. The Press Note added: “There has been a sizable increase in trade between the two countries since the conclusion of the trade agreement. Exports during 1957 were valued at Rs.54.6 lakhs as against Rs.8 lakhs in 1956 and Rs.2 lakhs in 1955. Imports during 1957 amounted to Rs.52.3 lakhs as against Rs.24 lakhs in 1956 and Rs.35 lakhs in 1955.”

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Cartoonscape
The Hindu Crossword 9256
Solution to Puzzle 9255
Value of spiritual effort
dated June 21, 1958: Trade pact with Rumania
dated June 21, 1958: East Pakistan Ministry
dated June 21, 1958: Soviet policy
Weather

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu