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United States Department of State / Foreign relations of the United States diplomatic papers, 1934. The American Republics
(1934)

Nicaragua,   pp. 491-580 PDF (32.9 MB)


Page 491


NICARAGUA
  PRELIMINARY DISCUSSIONS RESPECTING A TRADE AGREEMENT
        BETWEEN THE UNITED STATES AND NICARAGUA
611.1731/41
   The Nicaraguan Charge (De Bayle) to the Secretary, of State
                           [Translation 1]
                                 WASHINGTON, September 16,1933.
  MR. SECRETARY: For the reasons which I shall express to Your Ex-
cellency below, my Government has followed with the greatest interest
the news published with reference to negotiations initiated by the De-
partment of State with certain countries with a view to the celebra-
tion, on bases of reciprocity, of commercial agreements contemplating
mutual concessions in customs tariff matters.
  The ties of every kind between Nicaragua and the United States,
developed still further since the celebration of the convention by which
the first grants to the second an option for the construction of an inter-
oceanic canal,2 and the closeness of their commercial relations, well
illustrated by the fact that the United States has furnished, or has con-
stituted a market for, 62 percent of the total volume of Nicaraguan
imports and exports during the last ten years, necessarily impose upon
my Government the duty of following with attention those commercial
negotiations which might greatly influence the development of Nica-
raguan economic life, especially during this period of crisis which my
country has not escaped.
  By the terms of a convention entered into on January 27, 1912
[1902], 3 Nicaragua and France, granting each other reciprocal con-
cessions with respect to import duties on their respective products,
provided in this connection for most-favored-nation treatment; and,
in consideration of this treatment by France, Nicaragua conceded
analogous treatment to French products and also a specific lowering
of 25 percent in the import duties on certain articles especially enu-
merated in a list known as Table B. These advantages granted to
French commerce in a convention of reciprocal concessions, no doubt
in consideration of the circumstance that the larger share of Nicara-
1 File translation revised by the editors.
2 Bryan-Chamorro Treaty, signed August 5, 1914, Foreign Relations, 1916,
p. 849.
3British and Foreign State Papers, vol. xcv, p. 818.
                                                         491


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