Search Results: Great Britain from Biblionne

It was a tough time for Anglo-Russian trade relations. Since 1822 Russian government approved the policy of protectionism. The tariff of 1822 prohibited the import of 300 types of goods and the export of 21. Despite this the growth in Russia's foreign trade continued and the value of exports and imports doubled (including smuggled through Prussia). The tariff reduction of 1857 favored the rapid construction of the Russian railway network, which in turn were the principal cause of the development of Russian industry. In May 1865 the tariff had been reduced again. That's why it seemed possible that Russia, 'the last stronghold of the pure protective system', might succumb to Western commercial example of free trade. 'For the Anglo-Austrian Treaty of 1865 had strongly emphasized that 'the principal states of Europe [combined] into a commercial coalition based on the principles of free trade, from which the great Empire of Russia alone yet keeps aloof'… British diplomats actively canvassed the merits of… Read More