Evening star., 1935-07-13
Russia

Russia
CONTINUED From First Page)
ports of American goods to the Soviet
Union.
Il hope that, as result Of the ex-
tension of the Soviet Union of tariff
concessions made in trade agreements
with other countries, there will be also
an appreciable increase in Soviet ex-
ports to the United States. which have
averaged somewhat less than sl2,000,-
900 during the past three years.
Increased imports of Soviet prod
ucts into the United States will pro-
vide the Soviet government with
greater purchasing power for Ameri-
can products.
The present agreement, in making
provision for an increase in the ex-
change of goods, lays down a sound
basis for the development of trade be-
tween the United States and the
Soviet Union, and I am personally very
pleased at the considerable increase in
American-Soviet trade which is in
prospect as a result of the notes ex-
changed today"
Joint Note Announced.
The note exchanged between Russia
and the United States in Moscow was
signed by Bullitt and Litvinoff. AS
made public by the State Department,
it read:
Il have the honor to refer to re-
cent conversations in regard TO COM
merce between the Union of Soviet
Socialist Republics and the United
States of America and to the trade
agreements program of the United
States Of America, and to confirm
and to make of record by this note the
following agreement, which has been
reached between the governments Ct
our respective countries:
1.-THE duties proclaimed by the
President of the United States OF
America pursuant to trade agreements
entered into with foreign governments
or instrumentalities thereof under the
authority of the act entitled, an ACT
to amend the tariff act of $780, ap-
proved June u, 1884, shall be ap-
piled to articles the growth, produce
or manufacture of the Union Of So
Wet Socialist Republics as long a:
this agreement remains in force.
1T is understood that nothing ir
this agreement shall be construed tt
require the application to articles tht
growth, produce or manufacture o.
the Union of Soviet Socialist Repub.
lies, of duties or exemptions from
duties proclaimed pursuant to any
trade agreement between the United
States of America and the Republic
Of Cuba which has been or may here
after be concluded.
Pact Lasts for Year.
90. On its part, the government o.
the Union Of Soviet Socialist Repub'
lies will take steps to increase substan.
TALLY the amount Of purchases in tht
United States of America for export
to the Union of Soviet Socialist Re.
publics of articles the growth, produc,
or manufacture of the United States
of America.
IS. This agreement shall come into
force on the date Of signature thereof
It shall continue in effect for l:
months. Both parties agree that moi
less than 80 days prior to the expira
ton of the aforesaid period Of 1:
months they shall start negotiations
regarding the extension of the perioo
during which the present agreement
shall continue in force"
The United States and Brazil have
concluded a trade agreement which
among other things, reduces the tariff
on manganese ore to half the existing
duty. Soviet Russia, one of the
worlds largest producers and export
ers of manganese, IS extremely In
terested in receiving that low duty or
the product.
The Brazilian pact is now before
the Brazilian Congress for approval
and if approved and made effective
during the life of the RuSso-Americar
pact, the Soviet Union will automat'
icaIly receive the benefit of that re-
duced duty.
Sound Basis Hailed.
The State Departments official an
nouncement said:
"An agreement to facilitate and In
crease trade between the Unite'
States and the Union of Soviet So
cialist Republics was concluded a
Moscow today in an exchange o
notes between Ambassador William c
Bullitt and the commissar for foreigl
affairs, Mr.. Maxim Ltvinof.
These notes provide a sound basi
for a mutually beneficial expansion
of trade between the United State
and the Soviet Union.
'This agreement with the Sov;e
Union, although intimately related Il
the trades agreement program of III
United States, was not concluded pur
| suant to the authority of the trade
agreement act of June IL, 1884. I
does not involve any reciprocal con
cessions In respect to tariff rates.
'1n return for the undertaking o.
the part Of the Soviet government
1 -