Evening star., 1933-07-02
LATIN AMERICA MAY JOIN
In FORMING TRADE UNION
Nations in Good Position to Fight Rest of
World, Due to Vast Natural ~
Resources.

| prc 5uction and distribution Of natural
| and industrial products-coal, iron, va
terpower and oil-Latin America does
not even know approximately the limits
of its riches. 1t already has been said
that Brazil possesses % per cent OF the
| iron reserves of the world. And Of the
mineral reserves of the other Latin
American countries very little has been
SO far disclosed.
Although the idea Of a Latin Ameri-
can trade union has only recently been
discussed formally, certain amount OF
international cooperation has existed
| for years, in commercial matters,
among the countries of the Southern
Hemisphere.
This cooperation may be classified
into two categories: One involving gen.
eral conventions for the promotion Of
trade, and the other, special agreements
between two particular countries.
| Among the former, the Central Amer
ican convention of 1928 is the most
important. 1t provides for the free in
terchange Of natural products or man
ufactured articles originating in the re-
publics Of El Salvador, Guatemala
Honduras and Nicaragua. Exception Is
made, however, to coffee and sugar, and
those articles whose sale in the con-
tracing republics is now, or may be-
come in the future, a state monopoly.
| or unlawful"
Conventions Set Up.
A number of inter-American conven-
| tions. to which most of the Latin
American republics are part, may also
be cited. although these do not refer
to the abolition of customs duties, but
are, either directly or indirectly, con-
nected with the development of COM
mercial interchange among the Ameri-
can republics. Outstanding among them
are the following:
| Convention on inventions, patents,
designs and industrial models; conven-
ton on copyright; convention on trade
mark and commercial protection. and
protocol on inter-American registration
OF trademarks; convention on the pub
Ilclty OF customs documents; convention
on commercial aviation convention on
customs procedure and port formalities:
convention on the uniformity of nomen-
clature for the classification of mer-
chandlse, and others of minor import
ance.
among the special agreements NAV
pe mentioned those between the United
| states and Cuba, Chile and Bolivia.
Feru and Bolivia, Argentina and Para
quay and Honduras and Nicaragua.
The first one establishes a prefer
entail rate on certain commodities e:,-
terlng the trade between the United
states and Cuba. Except for those ar
t,cIeS admitted free of duty, it provides
that all articles of merchandise being
! the product Of the soil or industry of
lne Republic Of Cuba imported into the
United States shall be admitted at
reduction Of 20 percentum of the rates
OF outy provided by the tariff act of
the United States, approved July "a
1897. or as many be provided by al,
tarln law of the United States subss-
! quently enacted"
On the other hand. the convention
stlpulateS that certain commoditie.
products of the soil or INDUSTRY of tf,r
United States. shall be admitted in
Cuba at reductions varying from ..
per cent to 40 per cent below the RAJ,
/ charged by the tariff laws of the r
] puDnc OF Cuba upon similar commC,
| ties from other countries.
Trade Treaties in Effect.
The special agreement between Ch.
ana BOLIVIA. an outcome of the War
the Pacific. which left Bolivia with
ports, specifies that the government
Chlle guarantees the free tram
through its territory of foreign u,er
cnanolSe which is unloaded when dc
sst1ned for Bolivia, or that, proceediT~
from that country, is shipped abros;
through Chilean ports.
AS between Bolivia and Peru. a 81,
liar treaty IS in effect providing for
Tree transit Of merchandise for !
nVla which arrives at the port of N
lendo, in Peru
Between the republics Of Argent.
ana Paraguay special agreement ey-
ISIS, providing that Paraguayan prod
uctS destined for export, as well as for
elgn goods entering Paraguay through
Argentina, may pass through the Ar
gentlne territory without the payment
OF customs charges.
On January 80, 1880, a treaty Of free
trade and exchange and a supplement
tary convention were signed by repre-
sentatives of Honduras and Nicaragua
tending to develop commercial relations
between these two countries.
On the whole these special agree
ments between individual countries, and
the general conventions aimed at the
increase of. and facilities for, CONNER
cial interchange among the republics
OF the Western Hemisphere, provide the
basis on which further arrangements of
reciprocal nature may be gradually
established by any number of coun-
tries.
Copyright 1a33)