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DCER : Volume #12 - 1147.DEA/6993-B-40 :

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Volume #12 - 1147.

CHAPITRE XII

RELATIONS AVEC DIVERS PAYS

7E PARTIE

TCHÉCOSLOVAQUIE

1147.

DEA/6993-B-40

Le ministre de Tchécoslovaquie
au secrétaire d'État aux Affaires extérieures

No. 1014/46

Ottawa, le 4 avril 1946

Sir,

I have the honour to inform you that I have been instructed by my Government to apply to the Government of Canada for a credit of thirty million dollars on the basis of the Act to amend the Export Credit Insurance Act passed by the House of Commons on December 6th, 1945, for the purpose of buying Canadian goods.

By asking for this credit, the Czechoslovak Government plans to rehabilitate the Czechoslovak trade and industry and to reconstruct the trade relations with Canada which flourished in the period before the world economic depression when Czechoslovakia was the second largest consumer of Canadian wheat-coming immediately after Great Britain. My Government intends to purchase out of this credit wheat and other foodstuffs to the value of fifteen million dollars. In addition we propose to purchase manufactured goods such as agricultural machinery, electrodes and chemicals to the value of about four million dollars, metals, wood, asbestos, hides and furs and other raw materials to the amount of about six million dollars and the balance to be used for transportation costs.

With regard to the conditions of repayment of such credit, the terms stipulated in the first Credit Agreement could be taken as a basis for the formulation of the new agreement.

The Czechoslovak Republic would be very grateful if their application for this export credit could be favourably considered by the Government of Canada.

Accept etc.
FRANTISÉK PAVLÂSEK



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