The First Session of the joint Soviet-American Trade Commission was held in Moscow presided by the Minister of Foreign Trade of the USSR Patolichev.
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Background: The First Session of the joint Soviet-American Trade Commission was held in Moscow presided by the Minister of Foreign Trade of the USSR Patolichev. The American government delegation was led by the Minister of Trade of the United States Peaterson. This Commission was established in accordance with the understanding between the Soviet leaders and President of the USA in May, inst. During the Session the questions concerning the conclusion of the Trade agreement between the USSR and USA, Soviet-American participation in the realization of industrial ??? projects, regulation of in land lease, sea shipment and others, were discussed. The talks were held in a businesslike, constructive atmosphere and contributed to bringing together of positions of both sides on discussed questions.