NEGOTIATIONS FOR A SETTLEMENT OF THE DISPUTE BETWEEN THE PERSIAN GULF STEAMSHIP OWNERS AND THEIR EMPLOYEES HAVE REACHED AN ADVANCED STAGE.

· thenewsreel's blog

Modern headline: US, Iran strike upbeat tone as Hormuz deal takes shape

Iranian plans, in basic, call for parallel land, sea, and air links between Iran and the United States, to be followed by a network of trunk and feeder radios, to speed interchange of products and services, and to establish a network of credits for financing industry and trade.

The United States of America also plans to interchange technical experts, and to promote direct trade with Iran in basic commodities, such as cotton, wheat, and oil.

Iran plans to exchange manufactured wares, such as carpets, rugs, shawls, and pottery, for US foodstuffs, textiles, and machinery. Iran will seek to market its output in America, and buy here. Iran will seek to market its output in America, and buy here. Iran will seek to market its output in America, and buy here, in return for cotton, wheat, and other raw materials needed for its factories, and foodstuffs for its people.


Original dispatch: US, Iran strike upbeat tone as Hormuz deal takes shape

last updated: