611.3331/337

Press Release Issued by the Department of State, January 8, 1940

The Department of State announced today that trade-agreement negotiations with Uruguay had been terminated. These negotiations have been conducted in an atmosphere of the utmost friendliness and cordiality. However, because of the similarity in important respects of the export trade of Uruguay and Argentina with the United States, it has been found necessary, in view of the recent termination of negotiations with Argentina, to terminate also the negotiations with Uruguay.