• Short Summary

    United States Treasury Secretary William Simon arrived in Moscow on Monday (13 October) for a resumption of talks with Soviet trade experts on the question of future trade between the two nations.

  • Description

    United States Treasury Secretary William Simon arrived in Moscow on Monday (13 October) for a resumption of talks with Soviet trade experts on the question of future trade between the two nations.

    One of the subjects touched on during the talks was President Gerald Ford's suspension of grain exports from the United States to Russia. The Soviet Union had ordered three-and-a-half million tons of American grain to make up for the shortfall in its grain supply.

    And while Mr Simon was in Moscow, the first results of the Russian grain harvest indicated that Soviet farmers are bringing in the second largest crop ever. Yet at the same time, Moscow is still anxious to import more to feed its 250 million population.

    The wider issue of trade between the two nations still revolves around a decision of Congress on whether or not to give the Soviet Union "most favoured nation" status, which will be necessary if Moscow is to buy all the raw materials and manufactured goods it badly needs from American industry.

    In a statement after the first round of talks in Moscow, Mr. Simon said he was sure Congress would vote in favour of giving Russia preferential treatment, adding that the United States had no alternative to peaceful and positive relations with the Soviet Union.

  • Tags

  • Data

    Film ID:
    VLVAEFJ07D6HMBS6CXBAM2CDYUHVX
    Media URN:
    VLVAEFJ07D6HMBS6CXBAM2CDYUHVX
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    15/10/1974
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:12:00
    Time in/Out:
    /
    Canister:
    N/A

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