617.003/183: Telegram

The Minister in Nicaragua (Lane) to the Secretary of State

47. My telegram No. 46, June 10, 4 p.m.4 President confirmed last evening previous information that tariff bill will not be introduced pending negotiation of trade agreement with the United States. He said that purpose of bill was to prevent dumping of Japanese goods.

He invited me to give him advice on steps Nicaragua might take to improve its trade with the United States. I said I would give his request careful consideration. Because of his invitation and in view of desperately serious economic and financial situation here, I believe that we now have excellent opportunity to conclude mutually advantageous trade agreement. I urge Department therefore to forward as soon as possible list of concessions desired.

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