Word: soviet-american
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...year trade agreement providing for, among other things, the exchange of industrial information and economic forecasts-both of which the Soviets have been reluctant to supply-and for mutual help in finding trade offices and homes for businessmen. Soviet-American trade has already risen dramatically (from $200 million in 1971 to $1.4 billion in 1973), and only last week, coincident with the summit, the Occidental Petroleum Corp. signed a series of 20-year contracts with the Soviets for a giant swap of chemicals. Though money would not change hands, the value of the barter deal at current prices would...
...Moscow so that he could meet with America's NATO allies was a decided plus for the U.S. Nixon's presence in Brussels was a signal to the Soviets that NATO'S disarray of the past year was at least patched over and that the Atlantic shield was once again in place. "Without the alliance, it is doubtful that the [Soviet-American] détente would have begun," Nixon said as he replied to the greeting of King Baudouin Tuesday evening at Brussels' Melsbroek airport. "And without continuing a strong alliance, it is doubtful...
Arbatov's statement is accurate enough, but it applies with equal weight to the Soviet Union, a point he makes, perhaps unconsciously, when he suggests that the fears of one side are the mirror image of those of the other side. "Senator Jackson claims that development of Soviet-American trade will indirectly help Soviet military programs," he says. "The mirror image of that is for us to ask: Should we help your domestic economic problems by trading with the U.S. and thus creating jobs there and supplying needed raw materials? By trade we do not mean mutual aid, but mutual...
...TRADE. Soviet-American trade has jumped from $200 million in 1971 to $ 1.5 billion in 1973, with the dollar-ruble balance 7 to 1 in favor of the U.S., which buys Soviet vodka, platinum, diamonds and chrome ore and sells oil-and gas-drilling equipment, machinery and electronic gear, including computers. The Russians have been eager for loans and technological know-how, and so far they have got some of both. Only in May Nixon intervened with the Export-Import Bank to approve a $180 million loan for eight Soviet ammonia fertilizer plants and the attendant gear to move...
...SOVIET-AMERICAN TRADE. It's terribly important that the Russians be self-sufficient in food. We've got an enormous interest in seeing that they not compete with developing nations for grain. It's in our interests to provide our machinery so that they can take advantage of their natural gas and hydroelectric power. In exchange for energy, we can get aluminum...