The reciprocity theorem for electrical systems which include a radiation link was believed to be true only when the media within the system have dielectric constants which are symmetric tensors. This condition is not fulfilled by the ionosphere, so that the reciprocity theorem is not generally applicable when the radiation link includes one or more reflexions from the ionosphere. It is here proved that, when the ionosphere is horizontally stratified, and when the path from transmitter to receiver is in the magnetic meridian (north-south and south-north transmission), the reciprocity theorem applies (a) when the transmitting and receiving aerials both radiate or receive waves whose electric vector is in the plane of incidence, and (b) when both aerials radiate or receive waves whose electric vector is horizontal. Further, (c) if the electric vector radiated or received is horizontal for one aerial and in the plane of incidence for the other, then there is reciprocity in signal amplitude, but the phase changes for transmission in the two directions differ by 180°. These results are valid for any law of variation of electron density and collision frequency with height. They are based on a ‘full-wave’ theory, and therefore apply to all frequencies. They are unaffected if the path includes multiple reflexions, and if allowance is made for the curvature of the earth.