Imperial Economic Conference

The Imperial Economic Conference was a meeting held in 1932 among the leaders of the British Empire, including Canada, Australia, New Zealand, and South Africa. Its main goal was to address the economic challenges of the Great Depression by discussing trade policies and economic cooperation within the Empire. The conference resulted in agreements to establish preferential trade rates among member countries, aiming to support their economies and reduce reliance on external markets. This initiative created a more unified economic strategy, promoting self-sufficiency and stronger ties within the Empire during a difficult economic period.