'ملف 10/4 V تقارير تجارية ' [و‎‎٢‎٤‎٧] (٧٧٦/٤٩٦)

India showed a decrease of 22< coopared with
last year v
Although there has been a definite
revival of trade during the ye^ri there are no
signs of downward trend in tie prices; on the
contrary t there is an upward trend, particularly
in the case of sotor vehicles and food stuffs*
The increase in Imports raay be accounted
for by the definite revival of Trade with aore
commodities being available for export from
nanaffcturing countries. The increase in
exports is due to the increa&ed transhipment
values and to a further relaxation locally of
export controls. Increased shipment by Petro
leum Concessions Limited to Qatar account for an
increase in the value of transhipment due to the
re-openning of Qatar Oil Fields*
mmuht-
vor.ev t- Money was plentiful in the
bazaar througuout the year*
1 xcfc-iu.et- Ihe Steriltig/Rupee rates
of exchange during the year ended 3l9t March 194
were unchanged throughout the yean*
buying *• Rs*l,3fi4/- per £*100/-
Selling ** هذه التواريخ تقريبية Rs*l t 33B/- per £*100/-
amm*~
Pearl Jivln£i- The pearl industry
received a heavy blow froro the embargo on the
import of pearls into India imposed by the
Government of India in July 1947* e 5any pearling
boats were leid up by their owners and the catch
for the 1^47 season was only half that of the
previous year*
The repeal of the embargo was pressed
on the Government of India through the ^Foreign
Office and in April 1948 the Oovcrntnent of India
allowed pearls Trot? the Persian Gulf to be ex
ported to India on a licence* The licences were
issued freely and the export of the pearls was
free of exchan e control* The prospects for the
1348 season are, ti erefort-, better, but the pearl
industry is ruorlbund*
The following figures for the prtviouf
and present year illustrate the develounent of
Oil Fields*
im~47 1m7-43
Quantity of oil
shipped from
Bahrain. 4,67£,463 6,893,908