• Short Summary

    BARTER TRADING BETWEEN SINGAPORE AND INDONESIA IS IN FULL SWING ONCE AGAIN AFTER A LAPSE OF THREE YEARS.

  • Description

    BARTER TRADING BETWEEN SINGAPORE AND INDONESIA IS IN FULL SWING ONCE AGAIN AFTER A LAPSE OF THREE YEARS. WHEN IT RESUMED ON MONDAY SINGAPORE TRADERS HAD PROMISED ABOUT 17-MILLION IN PRIVATE COMMERCIAL CREDIT TO THEIR INDONESIA COUNTERPARTS.

    WITH THE TRADE RESUMPTION, SMALL FLOTILLAS OF SAMPANS HAVE BEEN COMING INTO SINGAPORE FROM NEIGHBOURING RHIO ISLANDS LADEN WITH COPRA, RUBBER AND PEPPER TO BE EXCHANGED FOR MANUFACTURED GOODS.

    BARTER TRADING BETWEEN THE TWO COUNTRIES WAS TRADITIONAL TILL STOPPED THREE YEARS AGO. INDONESIA THEN BROKE RELATIONS WITH MALAYSIA WHEN SINGAPORE WAS PART OF THE FEDERATION. BEFORE INDONESIA LAUNCHED ITS CONFRONTATION POLICY SINGAPORE WAS THE CENTRE FOR PROCESSING RAW INDONESIAN RUBBER.

  • Tags

  • Data

    Film ID:
    VLVAAKBCH8BIHFNS6RZ5RJTXFVQET
    Media URN:
    VLVAAKBCH8BIHFNS6RZ5RJTXFVQET
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    17/09/1966
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:03:00
    Time in/Out:
    /
    Canister:
    N/A

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