FRANCE: Trade Accord

Negotiations that have been proceeding intermittently for two years were last week brought to a successful conclusion and a commercial treaty was signed between France and Germany to the satisfaction of both countries.

Stipulations. Although the terms of the treaty were not published, it became known that the principle of most-favored-nation treatment* had been conceded by both nations for a large number of imports. Germany granted a minimum tariff on French wines, perfumes, soaps, woolens, porcelains and several manufactured articles, while France agreed to admit at minimum rates German electrical, chemical, mechanical...

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