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Volume #12 - 1097. | |
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CHAPITRE XII RELATIONS AVEC DIVERS PAYS | |
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4E PARTIE CHINE | |
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1097. |
DEA/6993-C-40 |
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Le secrétaire d'État aux Affaires extérieures à l'ambassadeur en Chine | |
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TELEGRAM 6 SECRET. |
Ottawa,
le 3 janvier 1946 |
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Export credits. We have informed General Kiang, Director, Chinese Government supply Agency in Canada, that we are prepared to enter into loan agreement for $35,000,000 in accordance with program of procurement to be agreed with Department of Trade and Commerce and that we are prepared as well to extend an additional credit of $25,000,000 for purchase of supplies originally requested as Mutual Aid as and when the various categories of those supplies are shipped by mutual agreement. The understanding has been reached that weapons and munitions included in the original Mutual Aid program of military supplies will not be purchased or shipped at the present time. The items on the Mutual Aid program which will be procured and shipped are trucks and used industrial equipment which will require approximately $15,000,000 out of the $25,000,000 earmarked for Mutual Aid supplies. The loan will be made on condition that the Chinese Government will use for purchasing supplies in Canada for export to China an amount of Canadian dollars derived from the sale to Canada of gold and United states dollars equal to 20 per cent of the amount of the credits utilized. We have indicated that we would be prepared to include purchases made by the Chinese Government or by Chinese importers through commercial channels provided satisfactory arrangements can be made for obtaining records. We are prepared to accept repayment in thirty annual installments, commencing in 1948 with interest at 3 per cent. We have indicated our willingness also to consider the provision of guarantees for credits obtained in Canada for the financing of specific industrial projects. | |
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