• Short Summary

    THE HANOVER INDUSTRIAL FAIR WHERE 29 COUNTRIES ARE SHOWING THEIR WARES OPENED TODAY (SATURDAY). AT?

  • Description

    THE HANOVER INDUSTRIAL FAIR WHERE 29 COUNTRIES ARE SHOWING THEIR WARES OPENED TODAY (SATURDAY). AT THE OPENING CEREMONY, PROFESSOR HALLSTEIN, THE WEST GERMAN PRESIDENT OF THE EUROPEAN COMMON MARKET COMMISSION, CALLED FOR CLOSER ECONOMIC COOPERATION WITH THE UNITED STATES. THE LEVELLING OF TRADE BARRIERS BY THE GENEVA KENNEDY ROUND OF TARIFF-CUTTING TALKS WOULD INCREASE THE NEED FOR COOPERATION EVEN MORE, HE SAID.

    PROFESSOR HALLSTEIN ADVISED THE UNITED STATES TO BRAKE ITS OVERSEAS INVESTMENTS IN THE INTEREST OF ITS TIGHT BALANCE OR PAYMENTS. AT THE SAME TIME, HE SAID, THE BALANCE OF Payments DIFFICULTIES WERE SYMPTOMATIC OF THE WEAKNESS OF THE WORLD'S PRESENT MONETARY SYSTEM.

    THE COMMISSION WAS THEREFORE IN FAVOUR OF A STRICTER MONETARY DISCIPLINE IN THE FORM OF A REFORMED STANDARD OF GOLD AND FOREIGN EXCHANGE. A EUROPEAN CURRENCY UNION COULD MAKE A CONSTRUCTIVE CONTRIBUTION TOWARDS SUCH A REFORM, HE SAID.

    NEARLY 6,000 EXHIBITION ARE AT THE FAIR. FRANCES, WITH 233 FIRMS TAKING PART, IS THE BIGGEST EXHIBITOR, BRITAIN AND THE UNITED STATES FOLLOW. THE SOVIET UNION IS EXHIBITION FOR THE FIRST TIME THERE. FORM THE COMMON MARKET AREA - APART FORM WEST GERMANY -0 THERE ARE 500 EXHIBITORS AND OVER 600 FROM COUNTRIES OF THE EUROPEAN FREE TRADE ASSOCIATION.

    ELECTRONIC EQUIPMENT TAKES PRIDE OF PLACE AT THE FRENCH AND BELGIAN STANDS, AND A FURTHER YEAR OF TECHNICAL PROGRESS HAS A REPRESENTATIVE SHOWING AT THE MACHINERY AND EQUIPMENT DISPLAYS OF THE SOVIET UNION. POLAND, WITH THREE TIMES MORE EXHIBITORS THAN AT LAST YEAR'S FAIR, IS OFFERING AN ENTIRE SUGAR FACTORY, JAPAN PUTS FORWARD NEW SHAPES AND IDEAS IN TELEVISION AND RADIO SETS, AND DENMARK SHOWS ITS METHODS OF MAKING TYRES.

    THERE IS AN INCREASE IN FOREIGN PARTICIPATION IN ELECTRICAL ENGINEERING EQUIPMENT THIS YEAR, WITH HOLLAND SHOWING A WIDE RANGE. IRON AND STEEL, AN ACCURATE TRADE BAROMETER, IS PROMINENTLY FEATURED TOO AND BRITAIN IS SHOWING ITS ADVANCES IN THE FIELDS OF NUCLEAR AND ELECTRONIC TECHNOLOGY.

  • Tags

  • Data

    Film ID:
    VLVA1KIFRAD5VWZ2QK868UBVG782A
    Media URN:
    VLVA1KIFRAD5VWZ2QK868UBVG782A
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    24/04/1965
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:02:03:00
    Time in/Out:
    /
    Canister:
    N/A

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