Oslo Agreements, 1930
Encyclopedia
The Oslo Agreements or Convention of Economic Rapprochement of 22 December 1930 were an economic agreement between the countries which had already agreed upon the Dutch-Scandinavian Economic Pact
Dutch-Scandinavian Economic Pact
The Dutch-Scandinavian Economic Pact of 30 September 1930 was an economic agreement between the governments of the Netherlands, Denmark, Norway and Sweden. The agreement was designed to coordinate tariff policies and promote trade. The pact was a reaction on the growing economic crisis of the early...

 (Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

, Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

, and Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

) earlier that year and the countries of the BLEU
Belgium-Luxembourg Economic Union
The Belgium–Luxembourg Economic Union , abbreviated to BLEU or UEBL, is an economic and monetary union between Belgium and Luxembourg, two countries in the Benelux economic union....

, Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

 and Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...

. Finland
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 would join the agreement in 1933.

The countries promised not to raise tariffs between them without first notifying and consulting the other signatory powers. As with the Dutch-Scandinavian Economic Pact
Dutch-Scandinavian Economic Pact
The Dutch-Scandinavian Economic Pact of 30 September 1930 was an economic agreement between the governments of the Netherlands, Denmark, Norway and Sweden. The agreement was designed to coordinate tariff policies and promote trade. The pact was a reaction on the growing economic crisis of the early...

 the Oslo Agreements were one of the regional responses to the Great Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

.

Source

  • Nordic Trade Policy in the 1930s
  • Declaration of 1 July 1938 (end of the agreement)
  • Barry Eichengreena and Douglas A. Irwin, Trade blocs, currency blocs and the reorientation of world trade in the 1930s, Journal of International Economics , Volume 38, Issues 1-2, February 1995, Pages 1–24
  • M. Alice Matthews, Chronicle of International Events, The American Journal of International Law, Vol. 25, No. 2 (Apr., 1931), pp. 348-359
  • Ger van Roon, Great Britain and the Oslo States, Journal of Contemporary History, Vol. 24, No. 4 (Oct., 1989), pp. 657-664
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