Word: embargo
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...Farmitalia agricultural implements combine. They closed $15 million in contracts for the sale of fertilizer, rayon and other nonstrategic items. Regally received by Mao Tse-tung and Chou Enlai, Gentili himself won agreements for the export of strategic metals, machinery and tractors -if and when Italy lifts her embargo on strategic exports to China. Gentili is now busily lining up export-hungry Italian businessmen to try to do just that...
...Secrets. Then came the explosion. The U.S. embassy in Moscow ordered Lear to explain what he was doing there, said that all his automatic flight equipment was banned under NATO embargo from sale to the Reds...
Said Airman Lear: "Of course the plane is on the embargo list. All aviation equipment is on the NATO embargo list, including General Twining's DC-6." From what he had seen of Red equipment, added Lear, the Russians could probably use some of his flight aids. On their prize Tu-104 jet transport, for example, the auto pilot was "right out of our old B17. You can buy one in any junk market for six dollars." But, said Lear, he was not planning to sell "a single bolt or screw" to the Russians...
...news was no shock to the U.S. Much of the muscle had already gone out of the embargo in 1954, when the U.S. agreed to reduce the embargo list for Soviet Russia and her European satellites to 170 strategic items (TIME, Sept. 6, 1954). Thus, though China itself was still forbidden a list of some 450 items, there was nothing to stop the Russians from buying and passing along a wide range of banned goods. The attrition increased when the U.S. tacitly agreed to the use of an "exceptions procedure" by which Western businessmen could claim that any item sold...
...Chinese Communists; Indonesia announced that it would sell not only rubber but supplies of oil and tin as well, while Japan also planned to boost its China trade. Said Britain's control officer in Hong,Kong: "I would call it the beginning of the end of the sentimental embargo...