Anglo-Irish Trade Agreement
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The Anglo-Irish Trade Agreement was signed on 25 April 1938 by the Irish Free State and the United Kingdom. It aimed to resolve the Anglo-Irish Trade War which had been on-going from 1933. The treaty stated that the 20% tariffs that both the United Kingdom and the Free State placed on their imported goods were to be abolished. The United Kingdom also had to give up their so-called Treaty Ports in Queenstown (Cobh), Berehaven and Lough Swilly. The Free State also was to pay £10 million to the United Kingdom for the Land Annuities that Irish Farmers had taken on loan from the British Government pre-1922. The agreement was seen as advantageous for the newly-constituted Republic of Ireland (1937) since the land ammunities were worth an estimated £80 million.
[edit] External links
- Dáil Éireann - Volume 71 - 27 April, 1938 — Dáil debate on the treaty ratification.
- Dáil Éireann - Volume 71 - 28 April, 1938 — conclusion of the Dáil debate.
- Finance (Agreement with United Kingdom) Act, 1938 — act passed by the Oireachtas giving effect to the treaty.