• Short Summary

    The Soviet Union and India opened important trade talks in India's capital -- New Delhi -- on Monday (26 May).

  • Description

    The Soviet Union and India opened important trade talks in India's capital -- New Delhi -- on Monday (26 May).

    The discussions were held between an 11-man visiting Soviet delegation, let by Mr. I. T. Grishin, a Deputy Minister for Foreign Trade, and an Indian Government group, headed by Commerce Ministry Secretary, Mr. S. G. Bose Mullick. The talks are expected to last ten days.

    Earlier, on Monday, the Soviet mission met with Union Commerce Minister, Professor D.P. Chattopadhya for informal talks before getting down to the serious and complex business of hammering out a Five-Year Trade Agreement.

    The current 1971-1975 agreement between the two countries expires in December. The new one will follow immediately on from this, and coincides with the 1976-1980 Soviet Five-Year Economic Plan.

    India's trade with the U.S.S.R. has increased significantly over the last five years. Total trade between the nations rose from 3,000 million rupees (157 million pounds sterling) in 1971 to 6,180 million rupees (325 million pounds sterling) in 1974.

    The new agreement under discussion is expected to boost these figures to around 10,000 million rupees (555 million pounds sterling) a year at the end of five years.

  • Tags

  • Data

    Film ID:
    VLVA6IEC8FGY4F5CK9RNYVT170K96
    Media URN:
    VLVA6IEC8FGY4F5CK9RNYVT170K96
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    28/05/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:14:00
    Time in/Out:
    /
    Canister:
    N/A

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