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Publication: European Stars and Stripes Tuesday, April 24, 1962

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   European Stars And Stripes (Newspaper) - April 24, 1962, Darmstadt, Hesse                                \ gs6i$sis2&$ig8i&-s f.is&ss8? $ 2 million earned by countries Selling to out Japan Cuba earns $20 million i i 1cum earns Stosl Hutton a 4, what about Trade with Cuba v while some of Uncle Sam s Best friends still Trade with Castro experts see problem solving itself own Treyer a staff writer some of Uncle stats Best friends among the nations of the world have appeared not to hear Washington s aug Jet sea that they Slacken off on Trade fib cub. A " but other things Trade experts say May accomplish what Friendship has t they predict that economic Laws and other fac tors Likely will take care of the situation and thus Cut off the flow of dollars and " into Cuba which Wash lag used to promote America and else j.  tit Elf did not embargo i with Cuba until ale Leto United  Ino rth Ait Peel Castro came into with  and London Cal Fly have Todl opt Arstie with 1 Money to Bell japanese 1 v s april 34. 1w-w_ t . This presumably is on the it is pretty generally recognized that a nation s economic policies Are usually not essentially selfish. Talk about cutting off sales of factories a no popular politics in arty country. In addition Washington appears to fee that it u better not to make such an Issue of it us to Force a country to take a Stan from which to might depart later. Private Trade specialists say that an old economic Law and other circumstances May provide a solution which diplomatic discussion has not provided. The Law u that Trade trends to flow where trading i healthy. It also is axiomatic in world Commerce that one does not offend � food customer mad Friend to Tell relatively insignificant mull of goods to customer with a dubious future. And in internal renal Trade Aldel Castro s future in Cuba is rated extremely Uncertain and ids government bankrupt that u Why free notions Hay refused to extend credit to the cuban government to buy things abroad. R Washington Trade circles there have been reports of an unofficial nature recently that some individual businessmen in Canada Are for one Reasoner another taking a second look at the  of sales to Cuba and Hava be come lews eager to make deals with Castro. Japanese consular and economic officials to latin America at recent conferences in Mexico City and Buenos Aires advise officials from the Home government in Tokyo they believed it would be More profitable Long Range to of business with Ries in the Western hemisphere other Cuba i3t1 -. So far the Tokyo  has no expressed itself formally on this topic but the stars and stripes experts believe the japanese Are very intelligent traders and they can be expected not to get themselves in a squeeze particularly since they spent about $20 million a year in Cuba for sugar and have seen Little increase in Cuba s purchases of about $6 million a year in  Canada the situation is the reverse. Normally. Its exports to Cuba of j14 Mil lion a year now running at about $30 million annually have been much More than Cuba s sales to Canada of about $9 million yearly. England s exports to and imports from Cuba Are not far from balancing off at around �21 million yearly. But in recent months it has begun to appear England is buying Lew from Cuba perhaps because of Castro s shortage of Cash. W est Germany has seen its exports to Cuba drop from about s14.5 Mil lion in 1960 to a rate of about $13 million for 1061, if it is True that Canada s Trade wit Cuba serve to Drain off Castro s dwindling Supply of dollars rather than replenish it there is some astonishment at few of the items in Cuba s Purchase from Uncle Sam s neighbor to the North. Castro fit buying less of such things a fish and flour and More of such items As machinery Iron steel Copper tubing chemicals automotive and aircraft. Engines transformers electrical equipment and steel plate and Sheet aside from Japan Canada England an West Germany Cuba s Trade with Western nations  
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