Word: east-west
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Much to the Administration's dismay, Congress seems determined to make the trade bill that the White House plans to introduce some time in the next few weeks a major test of wills between Legislative and Executive Branches. The battle could cause some dangerous zigzags in the entire East-West...
Since the U.S.S.R. translates far more foreign books, mainly scientific, than the West gets from Russia, the Soviets stand to lose millions of dollars in hard currencies. Like the agreement to pay some old Lend-Lease bills, however, it is part of a general normalization of East-West relations. Beyond that, the copyright decision has political consequences as well. In Moscow last week a Communist Party official said bluntly that "the copyright law will prevent writers from smuggling out their work for publication abroad." As an example, she cited Alexander Solzhenitsyn, whose last three banned novels have been bestsellers...
...snowy plain near the Volga River 625 miles southeast of Moscow stands the most important monument to East-West trade yet erected: the $800 million Togliatti auto plant. Completed in 1970 and equipped by Italy's Fiat, the plant is scheduled to turn out some 500,000 sedans this year. For businessmen throughout the West, Togliatti's completion stands as proof that capitalists and Communists can cooperate in a major industrial venture. But for Fiat, the experience has been a virtually profitless ordeal...
...supremely confident executive has swooped into Moscow aboard his private Gulfstream jet for talks with the highest Soviet trade officials. This week Armand Hammer, the 74-year-old chairman of Los Angeles' Occidental Petroleum, is scheduled to fly there again, with bright hopes of finally signing a major East-West trade deal. It would be an arrangement for Occidental to ship up to 1,000,000 tons of fertilizer per year to the Soviet Union in exchange for urea and ammonia that the company would sell in the U.S. That, Hammer predicts, would lead to a whole series...
Undeterred, Hammer vows to keep visiting Moscow "until we get them [the Soviets] all signed up." Perhaps he will one day achieve the biggest breakthrough toward expanded East-West trade. But he has yet to prove that his ability to conclude firm deals matches his talent for generating publicity...