Czechoslovakia and West Germany today (Thursday) signed a four-year trade agreement. Between 1971 and 1974,?
GV Zbraslav Castle
MV W. German and Czech delegates seated.
CU W. German negotiator Dr. Hermes PAN TO Dr. Killian.
CU Agreement being signed (7 shots)
SV Hermes and Killian shaking hands.
Initials AH/BOB/BB/0250 AH/BOB/BB/0253
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Background: Czechoslovakia and West Germany today (Thursday) signed a four-year trade agreement. Between 1971 and 1974, the agreement could generate trade worth more than 8,000 million marks (nearly 1,000 million sterling).
The agreement was signed at Zbraslav Castle, just outside Prague, by Dr. Peter Hermes of the West German Foreign Ministry and Dr. Alfred Killian of the Czechoslovak Foreign Trade Ministry.
The signing comes just a month before the expected opening of talks to normalise political relations between the two countries. although West Germany is Czechoslovakia's biggest trade partner in the western world, the two countries have no diplomatic relations.
Chief Czechoslovak purchases in the past have included German heavy-industrial plant equipment for renovating factories, electrical goods and precision machinery and optics. West Germany has imported semi-finished goods, raw materials and food products.
West German experts believe that trade will soar if the two countries can resolve their political problems and establish diplomatic relations.