Description | Negotiations between United Kingdom (UK) and various neutral countries, Sep 1939. Cameron Fromanteel Cobbold's proposals for an agreement with Sweden, 4 Oct 1939. Discussions with Riksbank. Agreement to start 20 Dec 1939 (folios 186/190) and run for six months. Trade to be financed through official accounts; Sweden to use its sterling largely within the sterling area; central bank holdings of each other's currency above a certain limit to be convertible into gold (details kept secret). Problem of bill finance, agents' fees, shipping, third country trade, etc. |