• Short Summary

    INDIA AND SOVIET UNION SIGNED AN AGREEMENT IN NEW DELHI ON SATURDAY (10 DECEMBER) FOR A NEW LONG-TERM SOVIET CREDIT OF 300 MILLIONS ROUBLES (GBP120 MILLION STERLING) TO HELP INDIA'S FOURTH FIVE-YEAR PLAN.

  • Description

    INDIA AND SOVIET UNION SIGNED AN AGREEMENT IN NEW DELHI ON SATURDAY (10 DECEMBER) FOR A NEW LONG-TERM SOVIET CREDIT OF 300 MILLIONS ROUBLES (GBP120 MILLION STERLING) TO HELP INDIA'S FOURTH FIVE-YEAR PLAN.

    THE AGREEMENT WAS SIGNED ON BEHALF OF THE U.S.S.R. BY MR. S.A. SKACHKOV, CHAIRMAN OF THE STATE COMMITTEE FOR FOREIGN ECONOMIC RELATIONS, AND BY THE INDIAN FINANCE MINISTER, MR. SACHINDRA CHAUDHURI.

    THE AGREEMENT ON THE CREDIT WAS REACHED AFTER TEN DAYS OF TALKS. THE MONEY WILL BE USED TO EXPAND EXISTING INDUSTRIES AND SET UP NEW ONES, FOR PROSPECTING AND EXPLORATION AND FOR TRAINING TECHNICIANS. IT BRINGS THE TOTAL OF SOVIET AID FOR THE NEW FIVE-YEAR PLAN TO 900 MILLION ROUBLES (GBP360 MILLION STERLING).

  • Tags

  • Data

    Film ID:
    VLVA13UR7FWJ3P3N6SKF5VJHFOZGI
    Media URN:
    VLVA13UR7FWJ3P3N6SKF5VJHFOZGI
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    12/12/1966
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:50:00
    Time in/Out:
    /
    Canister:
    N/A

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