Word: embargos
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Dates: during 1970-1979
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...Secretary of State for East Asia and Pacific Affairs, and Phan Hien, Viet Nam's Deputy Foreign Minister, the U.S. agreed to stop opposing Viet Nam's admission to the U.N., which Washington has blocked three times since 1975. The U.S. also promised to lift a trade embargo after diplomatic relations are established. For their part, the Vietnamese pledged to intensify their efforts to provide information about the estimated 2,527 Americans still unaccounted for in the war. Although Hanoi pressed for U.S. economic aid, it received no assurances from the American negotiators. Late last week, in fact...
...President Ford's prompting, Congress last year eased the embargo against Turkey by allowing it to buy up to $125 million in military equipment, but grant aid was forbidden. Last week Jimmy Carter tried to ease the embargo still further-but Congress said no. The House International Relations Committee rejected an Administration proposal that Turkey be allowed to buy $50 million worth of F-4 Phantoms on credit. Congress has refused to act on longer military-aid proposals amounting to $1 billion over four years...
ALMOST TWO YEARS to the day after the last Americans left Saigon, the State Department announced last week that it would drop its opposition to Vietnam's application to join the United Nations, and promised to lift a trade embargo as soon as diplomatic ties are formally established...
...announcement marks a halting step forward in the U.S. attitude toward Vietnam. In the two years since Saigon's liberation, the U.S. has vetoed three U.N. applications from Vietnam, and has steadily maintained its trade embargo. The Vietnamese have made efforts to meet America halfway--delivering the bodies of American servicemen this spring and promising to intensify efforts to find the 800 Americans still listed as missing in action--and the Carter administration seems sincere in its desire to normalize diplomatic relations with Vietnam...
...risen, rather than falling sharply as he once said he feared it would when he announced the energy program. On the other hand, surveys taken by Pennsylvania-based Sindlinger & Co. in the past two weeks show the sharpest drop in consumer confidence in the economy since the Arab oil embargo of 1973. Chairman Albert Sindlinger blames confusion among consumers as to just what the energy program is likely to do to them...